PolarBearX wins three awards at Asia Startup Forum
PolarBearX, the WealthTech start-up with expertise in automated robotic trading research and development, is called algorithmic trading and quantitative trading based on Artificial Intelligence. WeathTech quality is guaranteed with PolarBear X DeFi Robotics [PBX], which won three awards from the Thailand-Singapore-China Asia Startup Forum to cement its leadership position for AI in the WealthTech space, focused on building confidence for 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 had started from the 12 finalist teams at the Fintech Challenge 2018 organized by the Securities and Exchange Commission (SEC) in Thailand under the Digital Workforce team name which had developed financial robotics to assist with investment. Artificial intelligence is used instead of humans to generate earnings on investment. The result was an international award, 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 was another who provided sponsorship.
PolarBear X DeFi Robotics [PBX], known to investors as the “Polar bear”, is an automated robotic trading platform whose algorithms can handle stocks, mutual funds, foreign exchange, futures, or crypto. It is all powered by AI technology developed to support blockchain technology in capital and financial markets around the world. It will optimize returns on investment while greatly reducing risk for the investor.
All of PolarBearX ’s achievements have made it a WealthTech startup to watch out for. It also won the Top 10 Spark Ignite 2021Thailand Startup Competition organized 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, while last October, it was selected in the Top 6 of JUMPSTART CHINA – Overseas Elite Innovation & Entrepreneurship.
PolarBear X DeFi Robotics [PBX] has designed Taxonomics to be a utility ecosystem on a platform sharing investments with financial robots on the FX and Futures markets, under the name ROBOLinked.Me. This connects to the Coinbase payment system in the form of digital assets. Financial robots will keep records and make copies in real-time for expansion to other countries. For the investment ecosystem, it has developed blockchain technology for the Smart Change system of foreign Exchanges. There is also Auto-Investing in the format 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 the Series A round of funding, which is bringing in dollars to develop Thailand’s economy and society. In 2024 the business will be expanded to Canada and the United States under the current strategic plan.
“PolarBear X DeFi Robotics [PBX] is now receiving another round of funding from investors around the world. Tokens have been issued in the name PBX for the Pre-sale period to the end of 2021 and the start of 2022. It will enter Launchpad IEO as its first of the Top50 Cryptocurrency Exchanges. We will be adding products and services in the areas of blockchain, investment funds, and foreign stocks,” concluded Kittinu.