Bitget, a crypto
derivative and copy trading provider, is joining forces with Fetch.ai, an
artificial intelligence (AI) blockchain platform. Bitget has committed $10
million to support the growth of the Fetch.ai ecosystem.
The news
comes moments after the exchange announced that it would allocate a total of
$300 million to run two funds to support the development of digital assets.
AI
technology has been gaining momentum, with platforms such as ChatGPT showcasing
its potential to augment creativity. This trend is mirrored in the crypto
landscape where a rising number of projects are merging AI and crypto technologies.
Spotting the possibilities in the crypto and AI fusion, Bitget has opted to
collaborate with Fetch.ai, a frontrunner in the AI and blockchain arena.
Bitget
plans to offer Fetch.ai a range of services, including marketing consultations
and strategic directions. The goal is to help Fetch.ai attract community
involvement and potential business partnerships. Further, Bitget will aid in
the listing of Fetch.ai ecosystem tokens or token sales on the Bitget Launchpad
platform.
“We
know value when we see it,” Gracy Chen, the Managing Director of Bitget,
commented on the partnership announcement. “Fetch.ai already consists of a
host of functioning and applicable technological AI solutions that can have a
real impact on the way businesses and individuals interact.”
Humayun
Sheikh, the…
