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About MarsBit News
MarsBit News, formerly Mars Finance, was founded by Wang Feng, founder of Blueport Interactive, as a Chinese blockchain media outlet, becoming one of the early blockchain information platforms. Later renamed MarsBit, it announced a transition toward a one-stop Web3 service platform, integrating NFT marketplace, wallet protocols, and DeFi applications, and now focuses on AI and Web3 industry trends.
MarsBit's ecosystem (BitMart) made significant strides in H1 2026. Spot listings reached 495 new assets (46 premier listings), perpetual contracts grew 203.7% QoQ, and TradFi assets expanded to 197, covering stocks, ETFs, and commodities. AUM surged 256% despite BTC's 33% correction. BitMart.US launched via Zero Hash partnership, and an Australian license was secured. Prediction markets covered 2,000+ events with 44% new users. BitMart Wallet integrated prepaid cards and on-chain prediction markets. H2 priorities include RWA and yield stablecoins (BMRUSD), prediction market upgrades, DEX-wallet integration, European/APAC compliance, stablecoin payments, and AI-native platform experiences.
According to reliable public information, the founder and key figure of MarsBit News is Fred Wang (王峰); no reliable bios for other co-founders or current core executives were found.
Fred Wang is the founder of MarsBit News (火星财经), founder and CEO of NFT marketplace Element, and founding partner of LK Venture. He holds an MBA from Peking University; served as Senior VP of Kingsoft from 1999 to 2007; founded Linekong and served as Chairman & CEO, listing it in Hong Kong in 2014; in 2018 he launched Mars Finance and Consensus Lab. Sources: , ,