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Industry news

Bitget launches Project Archimedes


11 Augus 2026 Global
Reporter: Zarah Choudhary

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Image: AucArtStudio/stock.adobe.com
Bitget has launched Project Archimedes, a US$300 million institutional capital programme for quantitative trading firms, asset managers, and market makers.

Project Archimedes will support firms at different stages of growth through two programmes — the Capital Provider Program and the Interest-Free Lending Program.

According to the firm, the programme “takes its name from Archimedes’ principle that the right fulcrum can move the world”.

For institutional trading firms, capital provides that fulcrum, while product structure and infrastructure determine how effectively it can be used.

Tokenised US stocks offer one example.

Project Archimedes will focus initially on market-neutral strategies with established operating histories and measurable risk controls.

Participating institutions will undergo strategy assessment, due diligence, and drawdown reviews.

The programme is structured as a long-term capital cooperation framework with rolling admissions and phased deployment.

Bitget Institutional plans to disclose program developments over time, including participation figures, deployed capital, and strategy distribution.

Gracy Chen, CEO at Bitget, says: “Strong strategies often reach a point where talent is no longer the constraint but capital might. Project Archimedes gives capable teams the acceleration it needs to scale, while aligning capital, risk and execution around sustainable performance. Our goal is to boost over 50 projects in the next six months with this capital.”
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