Lucid Capital is a fintech company that started in the US and is now based in the UAE. It uses artificial intelligence to run automated trading systems.
The company has raised $2.5 million in Seed funding. This money will be used to improve its trading technology and to further develop its AI research.
The funding round was led by Tharawat Holding, with support from Singular Link.
The money will be used to expand Lucid Capital’s trading strategies and improve its technology as the company grows its operations.
The new funding will be used to improve Lucid Capital’s AI research, strengthen its trading systems, and build stronger partnerships with institutions as it expands in global markets.
Lucid Capital uses artificial intelligence for automated trading. It combines data-based trading strategies with smart AI agents to make trades faster, more accurate, and safer by better managing risk.
Along with the equity funding, Lucid Capital has also received $200 million in capital commitments from financial institutions and accredited investors.
This money will be used to roll out and scale its trading strategies in the US stock markets and digital asset markets.
Lucid Capital’s platform uses advanced AI models and intelligent automated agents that can adjust their speed and behaviour based on changing market conditions.
These systems help the company make faster and better trading decisions in real time, allowing it to perform well even in volatile and fast-moving markets.
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