According to Finance Feeds, the AI-driven digital asset trading platform BitradeX has completed a £12 million (approximately $15.96 million) Series A financing round, led by Bain Capital. The funds will be used to establish a global AI strategy lab and upgrade compliance infrastructure.

Founded in 2022, BitradeX's core product, the ARK trading model, is based on a trillion-parameter architecture and integrates the methodologies of DeepSeek and Qianfan, providing high-frequency trading execution with sub-second latency. The platform holds both UK FCA and US MSB licenses. Its innovative AI protection pool mechanism uses 100 BTC as initial reserve funds.