Bitget Institutional Launches $300 Million Project Archimedes to Back Quant Firms and Asset Managers
Bitget, the world’s largest Universal Exchange (UEX), has launched Project Archimedes, a $300 million institutional capital program for quantitative trading firms, asset managers and market makers. With the vision of backing minds that move markets, Project Archimedes will support firms at different stages of growth through two programs: Institutional trading is entering a period where The post Bitget Institutional Launches $300 Million Project Archimedes to Back Quant Firms and Asset Managers appeared first on BeInCrypto.
Key Takeaways
- Bitget, the world’s largest Universal Exchange (UEX), has launched Project Archimedes, a $300 million institutional capital program for quantitative trading firms, asset managers and market makers.
- With the vision of backing minds that move markets, Project Archimedes will support firms at different stages of growth through two programs: Institutional trading is entering a period where The post Bitget Institutional Launches $300 Million Project Archimedes to Back Quant Firms and Asset Managers appeared first on BeInCrypto.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Exchange
Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.
Top 10 Metaverse Crypto Coins for August 2026
Metaverse coins are digital assets that support the functioning of virtual worlds, allowing users to interact, create, own, and exchange value within immersive digital environments. As these ecosystems develop, many platforms are introducing native tokens to…
Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers
The reduction matches the percentage shed by Coinbase in May, and follows shutdowns at BitMEX and BitMart.