BingX Commits $300M to AI-Powered Crypto Evolution
BingX, a leading cryptocurrency exchange and Web3 AI company, is marking its 7th anniversary with the announcement of its BingX AI Evolution strategy. This initiative represents a significant shift towards integrating artificial intelligence at the core of its innovation and operational framework. BingX plans to invest $300 million over the next three years to accelerate AI integration across its platform and ecosystem. This underscores BingX's commitment to redefining the crypto industry with AI, aiming to drive progress throughout the Web3 space by embedding AI into user experience, exchange operations, and future collaborations.
Vivien Lin, Chief Product Officer at BingX, emphasized that this evolution is more than just a product update; it's a strategic reorientation. Lin stated that AI will be a defining engine of BingX's evolution, enabling faster and smarter experiences, with the goal of transforming BingX into a platform where users feel empowered and supported by intelligent tools. The company aims to lead AI integration in crypto responsibly, ensuring innovation aligns with user needs and long-term trust.
BingX will deploy AI across every stage of the user experience, starting with an AI-powered tool to support users in various scenarios. This tool will provide real-time market insights, position diagnostics, intelligent trade suggestions, and trader analysis, to help users trade smarter and with more confidence. It addresses concerns like market uncertainty and complex strategies, aiming to make AI a companion in every user's journey. BingX Labs will also accelerate investments in AI-native Web3 projects, incubating innovations that bridge decentralized technologies with machine learning capabilities.
Looking ahead, BingX aims to become an AI-native company, integrating AI into its operations, culture, and decision-making processes. This vision extends beyond the exchange platform, as BingX commits to playing a leadership role in building a responsible, resilient, and interoperable Web3 AI ecosystem. Through collaborations with industry partners, BingX seeks to co-create frameworks that ensure innovation is aligned with security, ethics, and shared standards.
BingX recognizes that talent is crucial and aims to attract individuals eager to lead the next wave of breakthroughs in the AI and Web3 space. The company will establish a dedicated institute for AI research and innovation, designed to be the engine room for breakthroughs at the intersection of AI and Web3, reflecting BingX's vision to actively shape the future. With over 20 million users worldwide, BingX ranks among the top crypto derivatives trading platforms. BingX Labs has already invested over $15 million to accelerate innovation and support the Web3 ecosystem.
Founded in 2018, BingX provides a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, catering to users of all experience levels. In 2024, BingX became the official crypto exchange partner of Chelsea Football Club. As BingX moves forward, its AI-driven approach will continue to shape a more intelligent, inclusive, and connected digital economy, leading with purpose and unlocking smarter ways to an AI-native future of crypto.