AI trading lab Nof1 raises $15 million in funding, co-led by SUI Group and Karatage.

CoinFeed reported on May 15th, citing CoinDesk, that AI trading lab Nof1 is attracting attention from Wall Street. Its Alpha Arena is testing the autonomous trading capabilities of cutting-edge models from companies like OpenAI, Anthropic, Google, and xAI in real-world 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 states that its Alpha Arena project trains AI models in real-world funding environments for risk control, position management, and market adaptation.