Bitget Launches $300M Project Archimedes to Fund Crypto Trading Firms
- Bitget launches Project Archimedes, a $300M program to help institutional firms scale crypto strategies.
- The initiative includes $100M for quant firms and $200M in interest-free capital for traders.
- It aims to support 50+ projects, focusing on market-neutral strategies and tokenized assets
Bitget has launched Project Archimedes, a $300 million program to give trading firms, asset managers and market makers more capital to grow their digital asset strategies.
The program focuses on a major challenge for institutional crypto traders: getting enough capital to scale. As profits from traditional crypto arbitrage become smaller, firms are looking for other opportunities, such as basis trading, funding-rate differences and tokenized assets.
$100M Capital Provider Program
The first part of Project Archimedes will provide $100 million to growing quantitative trading โฆ
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