Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
tag
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
IPO
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

Multicoin makes its first investment in the Hyperliquid ecosystem, investing $1.75 million in the Asian trading platform Trasia

WuSaidBlockchainW
robot
Abstract generation in progress
Multicoin Capital invested $1.75 million in the Hyperliquid-based Asian trading platform Trasia, becoming its sole investor in the seed round. This is Multicoin’s first investment in a Hyperliquid ecosystem project. Trasia was co-founded by Multicoin’s former partner and Mable Jiang, the former Chief Revenue Officer at Find Satoshi Lab, along with Edison Chen. It mainly targets Asian traders, has launched a bilingual web platform in Chinese and English, plans to roll out a mobile app in August, and will launch its own perpetual contracts via HIP-3 later this year. In the initial phase, it will focus on Asian AI infrastructure and near-listed companies. (The Block)
HYPE-9.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 2
  • Share
Comment
Add a comment
Add a comment
DeltaSmile
· 6h ago
$1.75 million seed round, investing in only one company—looks like Multicoin has a lot of confidence in Hyperliquid’s architecture and Trasia’s execution capabilities. However, perpetual contract competition is fierce; focusing early on AI infrastructure and near-term public companies seems like a differentiated approach, but how will liquidity be solved?
View OriginalReply0
BollingerBeliever
· 6h ago
From the web to mobile by August, and then to the in-house HIP-3 perpetual contracts by year-end, the pace is pretty tight. Asian traders do indeed lack a native, high-performance derivatives platform—if Trasia can seamlessly integrate Hyperliquid’s clearing and matching, the user experience would feel smoother than existing CEXs. The only concern is compliance, since it’s aimed at multiple Asian jurisdictions.
View OriginalReply0
HODLBlacksmith
· 7h ago
Trasia’s team background is solid. Mable Jiang and Edison Chen are both old acquaintances, and the way they’re likely to approach the Asian market should be reliable.
View OriginalReply0
SweepBot
· 7h ago
Multicoin has finally entered the Hyperliquid ecosystem—interesting.
View OriginalReply0

  • Pinned

Sitemap