Exchanges· ★★· neutral·

Y Combinator-backed Mochatrade raises $5.5 million for US stock perpetuals in India

  • —Mochatrade raised $5.5 million with backing from Y Combinator
  • —The product offers perpetuals on US equities to Indian traders
  • —The platform is in beta, with a public launch expected in the coming weeks
Why it matters: Onchain access to US equities is expanding, and startups like Mochatrade could widen the tokenized-stock market beyond developed economies.
Source: The Block