Bitget Launches $300 Million Program for Quant Firms and Asset Managers
Bitget Institutional has launched Project Archimedes, a $300 million program aimed at supporting quantitative trading firms and asset managers. The initiative will provide capital to eligible institutions through two programs: the Capital Provider Program and the Interest-Free Lending Program.
The Capital Provider Program allocates $100 million to accelerate emerging and growing quantitative firms running market-neutral strategies. Bitget will provide capital, with returns shared under an agreed structure and risk framework.
The Interest-Free Lending Program offers $200 million in interest-free capital to established institutions with mature strategies and existing trading scale. Eligible firms can access this capital by meeting defined trading volume or position requirements, reducing funding costs while increasing the capital available to their strategies.