PANews reported on May 15 that, according to CoinDesk, AI trading lab Nof1 is attracting attention from Wall Street, as its Alpha Arena is testing the autonomous trading capabilities of cutting-edge models from companies such as OpenAI, Anthropic, Google, and xAI in real markets.
The report states that Nasdaq-listed SUI Group and London-based hedge fund Karatage co-led a $15 million funding round for Nof1 and also invested in AI startup Recursive Superintelligence. Nof1 stated that its Alpha Arena project trains AI models in real-world funding environments for risk control, position management, and market adaptation. The company plans to launch a consumer-facing market coding agent platform after the second quarter.
