Exchanges· ★★· neutral·

Mochatrade raises $5.56M for U.S. stock perpetuals aimed at Indian traders

  • —Total disclosed funding stands at $5.56 million, including the pre-seed round
  • —CoinFund led the round; Coinbase Ventures and Zero Knowledge Ventures' Nicky Montana participated
  • —Contracts track Nvidia, Tesla and Apple without giving users share ownership
  • —The beta waitlist exceeds 25,000 users ahead of a public launch in the coming weeks
Why it matters: The startup is testing demand for offshore equity exposure through local Indian payment rails, expanding the market for tokenized and derivative products.
Source: Crypto Daily
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