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Trasia, a liquidity provider specializing in Asian equity Perps, raises $35 million and completes a $1.75 million seed round led by Multicoin Capital

2026-07-16 16:01

Odaily Planet Daily reported that Trasia announced a $35 million fundraising, including a $1.75 million seed round led by Multicoin Capital.

Trasia Labs is the development team behind Trasia, a non-custodial trading platform built on Hyperliquid. This round of funding will be used to launch its web and mobile applications, accelerate user growth, and pioneer the first batch of HIP-3 markets focused on Asian securities assets.

Along with this funding round, Trasia's web trading interface has officially launched, initially supporting both Chinese and English. The platform is built on Hyperliquid.

Trasia's mobile trading interface will offer an experience similar to leading Asian exchanges, making global market trading familiar and simple. The platform will initially offer Hyperliquid's native HIP-3 markets and plans to begin listing its own HIP-3 markets later this year.