Bitget announces the launch of the $300 million Project Archimedes, aimed at providing funding support to quantitative trading firms, asset management institutions, and market makers. Out of this, $100 million will be allocated to support quantitative firms using market-neutral strategies, while another $200 million will offer interest-free loans to institutions meeting specific trading volume or position standards. The plan will feature rolling admissions and phased deployment, with over 50 projects expected to receive support in the next 6 months. Participating institutions can also use Bitget's unified account to apply rToken spot positions as margin for derivatives. https://(wublock123.com)/news/bitget-3b-archimedes-plan-for-quant-and-asset-managers-66379