Trasia Labs raises $35 million, led by Multicoin Capital

Trasia Labs, a liquidity provider for Asian stocks, has raised $35 million, including $1.75 million in seed funding led by Multicoin Capital. The funds will be used for the launch of web and mobile applications, user growth, and the launch of the first HIP-3 market focused on Asian securities assets. The Trasia web-based trading interface has been launched, and the mobile application is expected to be released this summer. Trasia Labs is the development team behind Trasia, an Asia first, unmanaged trading platform built on Hyperliquid.