PolarBearX wins three awards at Asia Startup Forum
published : 27 Dec 2021 at 15:39
Firmly established and visible in the WealthTech space
PolarBearX, a WealthTech start-up with expertise in automated robotic trading research and development, offers algorithmic trading and quantitative trading based on Artificial Intelligence (AI). WeathTech quality is guaranteed with PolarBear X DeFi Robotics [PBX] which won three awards at the Thailand-Singapore-China Asia Startup Forum, cementing its leadership in AI in the WealthTech space while being focused on building confidence among global investors.
Kittinu Muayteng, CEO of PolarBearX Group, under Polar Bear Robowealth Co., Ltd. (Thailand) and Polar Bear AI Fintech Singapore Pte., Ltd. (Singapore), commented that, “PolarBearX Group started with 12 finalist teams at the Fintech Challenge 2018 organised by the Securities and Exchange Commission (SEC) in Thailand under the Digital Workforce team name which developed financial robotics to assist investment. Artificial intelligence is used instead of humans to generate investment earnings. The result was an international award, namely, the Bronze Prize at Seoul International Invention Fair 2018 (SIIF2018). The company also represented Thailand in a contest with Korea at the end of 2018. In 2019, TED Fund – Technology and Innovation-Based Enterprise Development also provided sponsorship.
PolarBear X DeFi Robotics [PBX], known to investors as the “Polar Bear”, is an automated robotic trading platform whose algorithms handle stocks, mutual funds, foreign exchange, futures, and cryptocurrencies. It is all powered by AI technology developed to support blockchains in capital and financial markets around the world. It optimises returns on investment while greatly reducing risk for the investor.
PolarBearX’s achievements have made it a WealthTech startup to watch out for. It also won the Top 10 Spark Ignite 2021Thailand Startup Competition organised by Huawei Technology (Thailand) in partnership with Digital Economy Promotion Agency (Depa) and the National Innovation Agency (NIA). It made the grade in the Top 1,000 Global Startups, SLINGSHOT 2021 – Deep Tech Startup Pitching Competition Singapore in September. Moreover, last October, it was selected in the Top 6 at JUMPSTART CHINA – Overseas Elite Innovation & Entrepreneurship.
PolarBear X DeFi Robotics [PBX] designed Taxonomics to be a utility ecosystem on a platform sharing investments with financial robots around foreign exchange (FX) and Futures markets, under the name ROBOLinked.Me. This connects to the Coinbase payment system in the form of digital assets. Financial robots keep records and make copies in real-time for expansion to other countries. The investment ecosystem is developed from Smart Change blockchain technology of foreign exchanges. Auto-Investing is also offered in the form of Wealth Tokens connected to the development of autonomous financial trading robots for Futures and Spot markets in the Top 10 Cryptocurrency Exchanges.
Growth plans for PolarBear X DeFi Robotics [PBX] in 2022 start with a Series A round of funding to bring in dollars to develop Thailand’s economy and society. Under the current strategic plan, in 2024 the business will be expanded to Canada and the United States.
Adds Kittinu: “PolarBear X DeFi Robotics [PBX] is now receiving another round of funding from investors around the world. Tokens have been issued in the name of PBX for the Pre-sale period to the end of 2021 and start of 2022. It will enter Launchpad IEO as first among the Top50 Cryptocurrency Exchanges. We will be adding products and services in the areas of blockchain, investment funds, and foreign stocks.”