AI-focused hedge fund Badass Capital has officially launched with plans to target sports betting, crypto trading and prediction markets through automated trading systems powered by artificial intelligence.
Founded by entrepreneur Mark Thomas, the Miami-based firm said it will use proprietary AI models and agents to identify opportunities across markets where pricing inefficiencies still exist. The company described its strategy as focusing on sports betting, traditional and crypto financial markets, and event-based prediction platforms.
The new fund, operating as BA Capital Fund I LP, is being primarily financed with the founder’s own capital, while also opening limited participation to accredited US investors and eligible international backers under private placement rules.
According to the company, the sports betting division will rely on quantitative models developed from years of betting analytics and trading experience. The fund intends to compete against sportsbooks, exchanges, peer-to-peer betting contests and prediction market makers by using AI-driven pricing and risk management tools.
Badass Capital also plans to deploy AI systems in both traditional finance and cryptocurrency trading. The company said its models will handle market research, generate trading signals and execute strategies across momentum trading, swing trading and asset rotation.
Prediction markets remain one of the fastest-growing areas tied to AI and financial speculation. Platforms such as Kalshi and Polymarket have expanded rapidly in recent years, attracting both traders and regulatory scrutiny over whether these products should be treated as financial instruments or gambling.
The launch comes as interest in AI-driven trading continues to grow across hedge funds and crypto markets. Several firms and research groups are now testing autonomous AI agents in live trading environments, with prediction markets increasingly viewed as a key battleground for the next wave of algorithmic finance.