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The AI-based digital asset trading platform BitradeX has completed £12 million in Series A financing.
Techub News reports that the AI-based digital asset trading platform BitradeX has completed a £12 million Series A funding round, led by Bain Capital. This funding will be used to launch Artificial Intelligence Strategy Labs in London, Hong Kong, and Singapore over the next six months. These labs will provide access to ARK trading models for developers and institutions through open APIs and will enable customized strategy deployment through a “strategy as a service” model.
BitradeX introduces that the platform was established in 2022 and is known for its AI native cryptocurrency trading approach, which is based on the ARK trading model. The ARK trading model is based on a trillion-parameter architecture and integrates the methodologies of DeepSeek and Qianfan, providing high-frequency trading execution with sub-second latency.