LONDON--(BUSINESS WIRE)--Apr 22, 2025--
BitradeX, a next-generation AI-powered digital asset trading platform, has announced the successful completion of its £12 million Series A funding round, led by Bain Capital. The capital will support BitradeX’s global compliance expansion, the development of its AI Strategy Labs, and continued investment in its core technology stack.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250422795346/en/
Founded in 2022, BitradeX is committed to redefining the digital asset trading experience through intelligent automation, rigorous compliance, and a user-first design. The platform is best known for its proprietary ARK Trading Model, an AI-native engine built on trillion-parameter architectures that integrates advanced techniques from DeepSeek and Qianfan for high-frequency crypto trading.
The ARK model currently achieves over 90% short-term trend prediction accuracy and has delivered annualized returns of 120%–180% in live market conditions. By combining real-time on-chain activity, macro data, sentiment indicators, and market volatility, ARK executes trades with millisecond latency and dynamic risk calibration.
In a major innovation, BitradeX introduced the industry's first AI-yield-powered Protection Pool, a dual-layer mechanism that autonomously absorbs losses and redistributes excess yields to ensure principal and fixed-income coverage. Unlike traditional insurance-based exchanges, BitradeX embeds capital protection directly into its reward model. The Protection Pool is publicly auditable and seeded with 100 BTC in reserve capital.
On the compliance front, BitradeX holds both a UK FCA crypto license and a US MSB license, operating under institutional-grade custody frameworks, a five-tier risk control system, and a $20 million contingency reserve. These measures enable BitradeX to offer transparent, secure, and compliant services to retail and professional users alike.
Looking ahead, the platform plans to launch AI Strategy Labs in key markets including London, Hong Kong, and Singapore within the next 6 months. These hubs will allow developers and institutions to access and customize the ARK model through open APIs under a “Strategy-as-a-Service” framework — opening the door to fully modular and programmable crypto trading systems.
BitradeX is positioning itself as the infrastructure layer for the next generation of AI-native finance, delivering predictable performance, automated execution, and built-in protection — all on a globally compliant foundation. If you're interested in collaborating or communicating with Bitradex, please contact us at support@bitradex.com.
BitradeX Secures £12 Million Series A to Accelerate Global Expansion of AI-Powered Trading Infrastructure
The Justice Department faces a Friday deadline to release its files on Jeffrey Epstein, a convicted sex offender and wealthy financier known for his connections to some of the world’s most influential people, including President Donald Trump, who had tried to keep the files sealed. The records could contain the most detailed look yet at decades of investigations into Epstein’s sexual abuse of young women and underage girls.
Ahead of Trump’s Friday evening visit to Rocky Mount, North Carolina, some residents say they can't escape an economic squeeze. Trump is visiting presidential battleground states to champion his economic policies ahead of next year's consequential midterm elections.
And Trump’s “blockade” of sanctioned oil tankers off Venezuela’s coast is raising new questions about the legality of his military campaign in Latin America, while fueling concerns that the U.S. could be edging closer to war.
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Several blue tarps have been hung outside the institution to block views of the work that’s apparently underway. A photographer saw the letter “D” on an exterior wall before the final tarps were hung.
The Kennedy Center’s board voted on Thursday to give the venue a new name: The Donald J. Trump and The John F. Kennedy Memorial Center for the Performing Arts. Democratic members of Congress and others insist that a name change requires action by Congress.
The Kennedy Center is the latest building to have Trump’s name added to it. The president recently added his name to the building for the U.S. Institute of Peace.
▶ Read more about Trump’s moves to put his name on federal buildings
The Justice Department filed a notice of appeal late on Thursday in a pair of consolidated lawsuits brought by Harvard and the American Association of University Professors, extending a standoff over White House demands for reforms at the Ivy League school.
A federal judge ordered the reversal of billions of dollars in funding cuts to the nation’s oldest and wealthiest university. The case has tested the government’s power over higher education.
Harvard said in a statement that university officials remain confident in their legal position.
“The federal district court ruled in Harvard’s favor in September, reinstating critical research funding that advances science and life-saving medical breakthroughs, strengthens national security, and enhances our nation’s competitiveness and economic priorities,” Harvard said.
▶ Read more about Trump’s pressure campaign targeting elite colleges
The White House says it’s looking into how a YouTube creator’s livestream appeared to take over a White House website.
The livestream sharing commentary on investing appeared for at least eight minutes late Thursday on whitehouse.gov/live, where the White House usually streams live video of the president speaking.
It’s unclear if the White House website was hacked or if the video was linked accidentally by someone in the government.
Matt Farley, who posts as @RealMattMoney, said in an email to The Associated Press that he had no idea what happened.
“If I had known my stream was going to go super public like that I would be dressed a bit nicer and had a few more pointed topics! And it likely wouldn’t have been about personal finance,” Farley wrote.
One-third of the more than 7,500 arrests made during the operation were immigration-related, according to official figures reviewed by The Associated Press.
Activists and immigrants say arrests are frequent and frightening. A lawsuit alleges they are often unlawful. And with no end in sight to the surge in law enforcement in the city, there is no indication the immigration arrests will end.
A federal judge recently blocked widespread immigration arrests without warrants. Trump’s Republican administration says the D.C. mission is intended to fight crime and calls it a resounding success.
Health care is a much higher concern for Americans than it was a year ago, according to a new AP-NORC poll: About 4 in 10 U.S. adults named health care or health issues, up from about one-third in last December’s poll.
Older adults were more likely to name health care as a top issue, particularly people between the ages of 45 and 59, who may have higher health care costs but aren’t yet eligible for Medicare.
The changes could return health care to center stage in next year’s midterm elections, which will determine control of Congress, and could put Republicans on the defensive on a key issue. Health care costs are set to rise for millions of Americans in the new year, after a series of cuts.
White House press secretary Karoline Leavitt said in a post on X that the president’s announcement scheduled for 1 p.m. will be “more incredible deals that will lower prices of drugs and pharmaceuticals.”
Trump has already announced deals with several drug makers, including AtraZeneca and Pfizer, to lower the cost of prescription drugs for Medicaid.
A simmering battle over the future of Trump’s political movement exploded on one of the right’s biggest stages as prominent conservative influencers used Turning Point USA’s annual youth conference to attack each other and their competing visions.
The feuding threatened to eclipse efforts to memorialize Charlie Kirk, the charismatic Turning Point founder who was assassinated in September.
First up Thursday night was Ben Shapiro, who described Tucker Carlson and others as grifters and charlatans, guilty of misleading their audiences with falsehoods and conspiracy theories. Shapiro sharply criticized the former Fox News host for interviewing outspoken antisemite Nick Fuentes on his podcast, calling it “an act of moral imbecility.”
Barely an hour later, Carlson took the same stage and mocked Shapiro’s attempt to “deplatform and denounce” people who disagree with him: “I watched it,” he said. “I laughed.”
The U.S. Secretary of State plans to take reporters’ questions Friday in the State Department briefing room, with the main topics expected to surround Russia-Ukraine and Israel-Hamas peace efforts, and the Trump administration’s increasing military pressure on Venezuela.
Rubio’s year-end appearance comes amid key meetings on Gaza and Russia-Ukraine in Miami on Friday and Saturday after a tumultuous year in U.S. foreign policy.
Rubio has also assumed the role of national security adviser and emerged as a staunch defender of Trump’s “America First” priorities on issues including visa revocations and restrictions, deportations, a radical overhaul in foreign assistance and a shakeup of the State Department bureaucracy.
Trump has directed his administration to work as quickly as possible to reclassify marijuana as a less dangerous drug. However, the executive order does not legalize marijuana under federal law, and it’s not the final word. The proposed change still requires federal regulatory approval.
But the change could make the marijuana industry more profitable, facilitate new research on medicinal uses and nudge federal policy closer to a more tolerant approach already in place in many states.
Possessing marijuana is a federal crime punishable by fines and prison time. Selling or cultivating marijuana is a more serious offense, punishable by prison sentences of five years to life, depending on the quantity of the drug. That would not change.
Rather, Trump is proposing to reclassify marijuana from a Schedule I drug to a less dangerous Schedule III substance. Changing marijuana to a Schedule III drug could save hundreds of millions of dollars in taxes for businesses licensed to sell marijuana in states where it is legal, said Rachel Gillette, a Denver attorney who leads the firm’s cannabis industry practice.
▶ Read more about the proposed reclassification
Health care is a growing concern for Americans, according to a new AP-NORC poll that asked people to share their top priorities for the government to address in 2026.
The uptick on health care was much sharper than on other commonly mentioned issues. It comes after Trump’s administration reduced spending on Medicaid, a safety net program for poor people, and decided to end coronavirus pandemic-era subsidies for the Affordable Care Act, essentially guaranteeing that millions of people will see a steep rise in costs early next year.
Despite the spike in health care concerns, immigration and broader worries about rising costs remain pressing issues, according to the December poll from The Associated Press-NORC Center for Public Affairs Research.
But Americans are also less confident that the government will be able to make progress on the important problems facing the country in 2026. About 66% of U.S. adults say they are “slightly” or “not at all confident,” down from 58% last year.
▶ Read more about the poll’s findings
The release of the Epstein files by the Justice Department has long been demanded by a public hungry to learn whether any of Epstein’s rich and powerful associates knew about — or participated in — the abuse. Epstein’s accusers have also long sought answers about why federal authorities shut down their initial investigation into the allegations in 2008.
Bowing to political pressure from fellow Republicans, Trump on Nov. 19 signed a bill giving the Justice Department 30 days to release most of its files and communications related to Epstein, including information about the investigation into Epstein’s death in a federal jail.
The Justice Department hasn’t said exactly when during the day it intends to make the records public.
Adding to the anticipation, House Democrats released several dozen more photos Thursday from among more than 95,000 that the House Oversight Committee received after issuing a subpoena for images Epstein possessed before he died in a New York jail cell in 2019.
▶ Read more about the files
President Donald Trump listens as Dr. Ilana Braun, chief of Dana-Faber cancer Institute's Adult Psychosocial Oncology Service, speaks after the president signed an executive order reclassifying marijuana as a less dangerous drug in the Oval Office of the White House, Thursday, Dec. 18, 2025, in Washington. (AP Photo/Evan Vucci)
FILE - Gary Rush, College Park, MD, holds a sign before a news conference on the Epstein files in front of the Capitol, Tuesday, Nov. 18, 2025, in Washington. (AP Photo/Mariam Zuhaib, File)
