Mochatrade raises $6M to offer US stock perpetuals to Indian traders

Mochatrade announced a roughly $6 million raise to offer Indian traders perpetual futures tied to U.S. stocks and other assets. Its platform was in beta, with public access planned in the coming weeks.

• Crypto Briefing reported the raise as approximately $6 million, including an earlier $690,000 pre-seed round backed by Y Combinator and Pioneer Fund.· 1 source
• CoinFund led the seed round, with Coinbase Ventures and Nicky Montana of Zero Knowledge Ventures also participating.· 1 source
• The platform was in beta and planned to open to the public in the coming weeks, according to co-founder Chetan Manda.· 1 source