$300M Project Archimedes Launches, Providing Institutional Capital for Trading Firms

Bitget has launched Project Archimedes, a $300 million institutional capital program for quantitative trading firms, asset managers, and market makers. This initiative aims to support firms at different stages of growth through two programs.

The Capital Provider Program ($100 million) will accelerate emerging and growing quantitative firms running market-neutral strategies by providing capital with returns shared under an agreed structure and risk framework.

The Interest-Free Lending Program ($200 million) is available to established institutions with mature strategies and existing trading scale. Eligible firms can access interest-free capital by meeting defined trading volume or position requirements, reducing funding costs while increasing the capital available to their strategies.

Bitget Institutional's CEO, Gracy Chen, stated that 'Strong strategies often reach a point where talent is no longer the constraint, but capital might.' Project Archimedes gives capable teams the acceleration they need to scale, while aligning capital, risk, and execution around sustainable performance.