Trading platform Liquid has closed an $18 million Series Seed funding round to scale its platform that unifies cryptocurrency, equities, and traditional foreign exchange markets. The round was co-led by venture firms Neo and Left Lane Capital, bringing the company’s total funding to $25.6 million.
"Markets don't operate on a schedule anymore, but most trading platforms still do," said Liquid CEO and co-founder Franklyn Wang. "We built Liquid to reflect that reality, giving traders continuous access to assets and the ability to act the moment opportunity strikes. By equipping everyday users with advanced tools, including AI-driven research and execution capabilities, we enable retail traders to operate with the same speed and sophistication as professional quantitative investors."
The financing also saw participation from Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital, with previous investors Paradigm and General Catalyst extending their support. The company, which initiated the fundraising in late 2025, has processed more than $3 billion in trading volume across 40,000 users since launching in August 2025, according to its public statements.
The capital injection underscores a growing trend of platforms aiming to provide 24/7 access across both digital and traditional asset classes. Liquid is positioning itself to compete with established exchanges by offering a single, non-custodial interface for a broad range of derivatives, including perpetual futures. This strategy follows similar moves by crypto-native interfaces like MetaMask, which have integrated perpetual futures for assets beyond spot tokens.
Unified Trading and High Leverage
Liquid's core offering is a consolidated platform available on iOS, Android, and desktop that allows users to trade over 500 markets. This includes cryptocurrencies, equities, commodities, FX, and pre-IPO assets. The platform is designed for active traders seeking to avoid the fragmentation of using separate brokerages and exchanges for different asset classes.
A key feature is the availability of up to 200x leverage on certain financial instruments, allowing users to take significant long or short positions. The platform operates on a non-custodial basis, meaning users retain control over their funds. Liquid also incorporates an AI-powered conversational assistant designed to help traders analyze markets and execute positions more efficiently.
Investor Confidence and Market Context
The funding round highlights investor confidence in platforms that bridge the gap between the crypto and traditional financial worlds. "Liquid brings ease-of-use to powerful concepts like leverage, making advanced trading tactics accessible to the everyday investor," said Ali Partovi, CEO of Neo.
Matthew Miller, Managing Partner at Left Lane Capital, noted the rise in retail participation in financial markets, which now accounts for 36 percent of order flow. "Liquid is well-positioned to meet that demand, and Franklyn and the team have shown a strong ability to translate institutional-grade infrastructure into a product that resonates with everyday traders," Miller said. The company plans to use the funds for targeted expansion in product development and engineering roles.
This article is for informational purposes only and does not constitute investment advice.
