The digital asset trading platform BitradeX has completed a £12 million Series A funding round, led by Bain Capital

according to Finance Feeds, the 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 funding will be used to establish a global AI strategy lab and upgrade compliance infrastructure.

BitradeX was founded in 2022, and its core product, the ARK trading model, is developed based on deep neural networks, integrating multidimensional 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 capital.