May 16, 2024
Biton, a full-chain ecology trading platform, has raised $44 million in a funding round led by Fire Rabbit Capital, a global investment institution under Blockchain Capital. This investment aims to support Biton's mission to advance global digital finance and enhance the security of digital assets and international payment services.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Biton | $44M | May 16, 2024 | Venture Round | $44M | Fire Rabbit Capital | Trading |
Since its inception, Biton has focused on providing users with efficient and secure blockchain asset trading services. Recognizing the transformative potential of blockchain technology in the global trading ecosystem, Biton has committed to exploring innovative applications to deliver a more convenient and secure trading experience.
Biton's trading platform is built on a unique liquidity aggregation ecosystem, integrating liquidity resources from multiple centralized and decentralized exchanges through smart contracts. This vast liquidity pool allows Biton to respond effectively to market fluctuations, ensuring smooth trading even during periods of severe market volatility. The liquidity aggregation ecosystem minimizes the likelihood of trade failures or delays caused by insufficient liquidity.
Additionally, Biton employs advanced AI algorithms to enhance asset interaction, achieving intelligent risk control and dynamic adjustment. These algorithms analyze market data in real-time, predict market trends and risks, and implement necessary measures such as adjusting trading strategies and restricting trading amounts to ensure the safety of user funds. The intelligent risk control mechanism also identifies and intercepts suspicious transactions, reducing the risks of fraud and money laundering.
Fire Rabbit Capital's investment in Biton signifies a strong alliance aimed at promoting the future of the digital finance ecosystem. As a key investment institution under Blockchain Capital, Fire Rabbit Capital has been closely monitoring the global blockchain market. Their investment in Biton is a testament to the platform's capabilities in the cryptocurrency market, as well as its potential application in international payments.
The investment from Fire Rabbit Capital provides Biton with additional resources and support, accelerating its global expansion in the cryptocurrency market. Biton plans to leverage Fire Rabbit Capital's global perspective and experience to explore more innovative business models and technical applications, enhancing the quality and convenience of services for users.
About Biton:
Biton is a full-chain ecology trading platform that simplifies the trading process and mitigates cross-chain risks. By integrating liquidity resources from multiple exchanges and employing advanced AI algorithms, Biton provides a stable and secure trading environment for users. The platform's intelligent risk control mechanisms ensure the safety of user funds and enhance the overall trading experience.
Website: https://biton.vip/
X Account: @Biton_ex
X Followers today: 10.7k
About Investor
Investor: Fire Rabbit Capital
Description: Fire Rabbit Capital is a global investment institution under Blockchain Capital. It focuses on investing in innovative companies in the blockchain and cryptocurrency sectors. Fire Rabbit Capital aims to support and accelerate the growth of its portfolio companies by providing them with financial resources, strategic guidance, and access to a vast network of industry experts and partners.
Location: United States
Website: Not available
LinkedIn: Not available
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
Comments