Bitget Unveils $300M Archimedes Program for Institutional Traders

Bitget has launched Project Archimedes, a $300 million capital program targeting quantitative trading firms, asset managers, and market makers.

The initiative combines $100 million in direct capital with $200 million in interest-free lending. Bitget seeks to attract institutional trading flow and support more than 50 projects over the next six months.

Bitget is committing $300 million to quantitative trading firms, asset managers, and market makers, escalating competition among crypto exchanges to attract institutions that supply liquidity and trading volume.

The program shifts the traditional exchange incentive model beyond trading-fee rebates by putting Bitget's own capital behind outside trading strategies.