Digital asset trading platform BitradeX completed a £12 million Series A financing, led by Bain Capital

PANews reported on April 23 that according to Finance Feeds, AI-powered digital asset trading platform BitradeX completed a 12 million pound (about 15.96 million US dollars) Series A financing, led by Bain Capital. Financing will be used to establish a global AI strategy lab and upgrade compliance infrastructure.

According to reports, BitradeX was established in 2022. The core product ARK trading model ARK trading model is based on a trillion parameter architecture and integrates the methodology of DeepSeek and Qianfan, which can provide high-frequency trading execution with sub-second delays. The platform holds UK FCA and US MSB licenses. Its first AI protection pool mechanism uses 100 BTC as the initial reserve fund.