As a high-performance on-chain cryptocurrency exchange committed to providing a streamlined, efficient, and reliable trading experience, we are honored to announce that we have secured a $2 million strategic investment from BingX Labs, the innovation arm of the cryptocurrency exchange BingX. This funding represents a significant milestone as we expand our hybrid trading infrastructure globally.
Since our February 2026 launch, AlphaX has achieved remarkable market traction, surpassing $100 million in daily trading volume within weeks. This momentum validates our innovative approach to resolving the long-standing performance-security trade-off in the crypto industry through our proprietary hybrid architecture.
Our hybrid architecture incorporates the following key innovations:
- Multi-Party Computation (MPC) for wallet security,
- Audited smart contracts to ensure transparent asset custody,
- Institutional-grade matching engines. This combination of technologies allows us to ensure both decentralization and high performance in trading.
AlphaX CEO Dax Chen commented: “Securing strategic investment from BingX Labs validates our vision to set a new standard for on-chain trading, and creates extraordinary synergies for AlphaX as we scale globally. It will accelerate our roadmap across TradFi integration, copy trading, and AI-driven trading capabilities, bringing institutional-grade hybrid trading to a truly global audience.”
We will deploy these funds to accelerate product development and expand operations to meet growing demand in key global markets. As part of this strategic partnership, we will collaborate closely with BingX Labs in several areas, including:
- Developing liquidity infrastructure,
- Sharing security technology,
- Integrating AI-driven trading capabilities.
This strategic collaboration further strengthens both our leadership positions and creates additional opportunities to drive innovation and growth in blockchain and the Web3 ecosystem.
About BingX Labs
BingX Labs is an innovation hub dedicated to identifying and empowering emerging blockchain projects with high potential, offering a comprehensive suite of services, including incubation, technical support, and strategic consulting, to ensure projects are well-positioned for market success. By enriching the BingX platform with quality assets, BingX Labs plays a pivotal role in advancing blockchain innovation and creating valuable opportunities for the Web3 ecosystem.
To learn more about BingX Labs, please visit https://bingx.com/en/bingx-labs