Digital asset trading platform BitradeX completes £ 12 million Series A funding, led by Bain Capital

According to Finance Feeds, AI driven digital asset trading platform BitradeX has completed a £ 12 million (approximately $15.96 million) Series A funding round led by Bain Capital. The financing will be used to establish a global AI strategy laboratory and upgrade compliance infrastructure. BitradeX was founded in 2022, and its core product ARK trading model is developed based on deep neural networks, integrating multi-dimensional market data. The platform holds licenses from the UK FCA and the US MSB. Its pioneering AI protection pool mechanism uses 100 BTC as initial reserve funds.