Islamabad (GNP) : – BingX Labs, the innovation arm of cryptocurrency exchange BingX, announced its $2 million strategic investment in AlphaX, a high-performance crypto derivatives platform leveraging hybrid on-chain custody and off-chain matching technology to redefine transparency and speed in decentralized trading.
AlphaX has achieved $100 million in daily trading volume within weeks of its February 2026 launch. The platform’s hybrid architecture combines Multi-Party Computation (MPC) wallet security, audited smart contracts for transparent custody, and institutional-grade matching engines, addressing the industry’s longstanding trade-off between decentralization and performance.
This investment marks BingX Labs’ first major initiative in on-chain trading infrastructure, following strategic positions in Bitcoin staking protocol Babylon and liquidity protocol StakeStone. The move underscores growing institutional confidence in hybrid models that preserve blockchain’s transparency benefits while achieving centralized exchange performance standards.
Ether Chen, Head of BingX Labs, commented: “AlphaX represents a compelling new paradigm combining on-chain asset custody with high-performance off-chain execution to deliver both transparency and speed. This investment aligns directly with our thesis that the future of trading is transparent, intelligent, and accessible to everyone. As the industry moves toward hybrid architectures, we see AlphaX as a critical building block.”
Dax Chen, the Chief Executive Officer of AlphaX commented: “Securing strategic investment from BingX Labs validates our vision to set a new standard for trading, and creates extraordinary synergies for AlphaX as we scale globally. This new partnership will accelerate our roadmap across TradFi integration, copy trading, and AI-driven trading capabilities, bringing institutional-grade hybrid trading to a truly global audience.”
As part of the strategic partnership, BingX Labs and AlphaX plan to explore collaboration across multiple dimensions, including liquidity infrastructure development, security technology sharing, and the integration of AI-powered trading capabilities. The investment reinforces BingX Labs’ position as a leading strategic investor at the intersection of Web3, AI, and decentralized finance, forming a portfolio with a comprehensive thesis around the future of decentralized financial infrastructure.
About BingX Labs
BingX Labs is an innovation hub dedicated to identifying and empowering emerging blockchain projects with high potential, offering a comprehensive suite of services, including incubation, technical support, and strategic consulting, to ensure projects are well-positioned for market success. By enriching the BingX platform with quality assets, BingX Labs plays a pivotal role in advancing blockchain innovation and creating valuable opportunities for the Web3 ecosystem.
About AlphaX
AlphaX is a high performance on-chain cryptocurrency exchange committed to delivering a simplified, efficient and reliable trading experience. Embedding the principle of “Alpha towards Excellence” into all aspects of the platform, AlphaX is dedicated to building a transparent and sustainable on-chain trading platform through efficiency experience and all-round security measures, unlocking more freedom in traders’ financial lives. By combining acute market insights with a minimalist interaction philosophy, AlphaX transforms complex on-chain derivatives into accessible opportunities for the global trading community.
