POPA ReconBitget launches $300M fund to back quant firms
Bitget launches $300M fund to back quant firms Bitget Institutional has rolled out Project Archimedes, a $300M capital program aimed at quantitative trading firms, asset managers and market makers. The money splits into two tracks. A $100M Capital Provider Program funds emerging quant firms running market-neutral strategies, with returns shared under an agreed structure. A $200M Interest-Free Lending Program gives established institutions interest-free capital once they meet set trading-volume or position requirements, cutting their funding costs. Eligible firms first pass strategy assessmen…
The excerpt is quoted from a public Telegram channel, which owns its text.