BitradeX closed a £12 million Series A funding round for its AI-powered digital asset trading platform. Bain Capital, a United States-based private investment firm, led the round, according to a news release.
Founded in 2022, BitradeX is the fintech company responsible for developing the ARK Trading Model. The team trained the AI engine using advanced crypto techniques from DeepSeek and Qianfan that enable automated high-frequency trading. According to the company, the ARK model can predict short-term trends and deliver positive annualized returns. BitradeX also established a pool to protect investors against losses.
With the new funding, BitradeX will grow its platform and strengthen its regulatory framework. It currently holds U.K. and U.S. operating licenses. The company also plans to continue investing in its core tech stack and will create AI Strategy Labs in London, Hong Kong and Singapore. These labs will allow developers to work on custom use cases for the ARK model through APIs.
