Bitget, a cryptocurrency derivatives exchange, announced that they have pledged $10 million to develop the Fetch.ai ecosystem on April 27. Fetch.ai provides an infrastructure to build autonomous services, their core product being an AI agent network; a decentralized network of autonomous agents with the knowledge and capability to carry out tasks such as data analysis, financial modeling and more. It also comes with a smart wallet; with automation and integration with OpenAI’s ChatGPT API. The AI Chatbot has become increasingly popular, reaching over 100 million users in January 2023 after its launch.
Bitget is a leading fintech platform for the digital asset exchange of cryptocurrency futures and spot. It was co-founded by Long Wang and Ronald Chan, who have been in the blockchain and finance space for over 15 years. It provides high speed, low latency and transparent services, including futures and spot trading, derivatives trading, OTC transactions and custody services. Their mission is to provide users with a secure and transparent financial services platform.
Fetch.ai is an AI-powered blockchain platform that enables smart cities, IoT and robotics. Founded by Humayun Sheikh, Toby Simpson and Thomas Hain, it was designed to tackle the problem of complexity. With deep-tech solutions such as blockchain networks, distributed ledger technology, AI and machine learning, Fetch.ai offers an automated and secure framework to enable autonomous services. Their ambition is to enable developers to create their own autonomous services, ranging from smart contracts, financial services, marketplaces and logistics.
