Bitget has launched Project Archimedes, a US$300 million capital programme for institutional crypto trading firms, targeting quantitative trading firms, asset managers, and market makers.

The programme has two funding pools. A US$100 million Capital Provider Program is aimed at emerging and growing quantitative firms using market-neutral strategies. A US$200 million Interest-Free Lending Program is intended for larger institutions with established strategies and existing trading scale.

Bitget aims to support more than 50 projects over the next six months. The exchange is positioning the initiative for firms that need additional capital to expand trading activity rather than develop new strategies.

Institutional…