PANews reported on June 13 that Web3 AI smart crypto exchange BITAI announced on the X platform that it had completed a $20 million seed round of financing, led by Firat Round, with participation from Jump Crypto and Dragonfly. All funds raised will be used to promote the development of the BITAI exchange.

BITAI said it is committed to providing digital financial transaction solutions based on Web3.0 and has obtained the US MSB cryptocurrency trading license certification.