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Fire Rabbit Capital invests in Biton trading platform

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2024-05-16 04:31:50
On May 16th, Fire Rabbit Capital, a subsidiary of investment institution Blockchain Capital, announced that it has injected $44 million into the Biton trading platform, a blockchain asset trading infrastructure application project, to promote the further expansion of the Biton global market. At the same time, the two parties will sign a strategic partnership. This marks a solid step for Fire Rabbit Fund in building a new generation of global trading system.
Biton uses the Harmonize platform provided by Metaco to provide users with automated liquidity management services, further enhancing the convenience and security of trading.
According to the person in charge of the Fire Rabbit Fund, the investment in Biton by the Fire Rabbit Fund has taken a fancy to its deep accumulation and innovation capabilities in the cryptocurrency market on the one hand, and is also very optimistic about the application potential and social value of Biton in the global payment field on the other hand. The Fire Rabbit Fund believes that through technological innovation and global cooperation, the Biton trading platform will effectively solve the practical problems of high transaction barriers and high costs, and promote the upgrade and transformation of the digital currency trading system.
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