Series A
Startup profile
Liquid
Series ANew York, New York, United States$18M raised
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About the company
What they build and who they serve.
Liquid is a New York-based mobile trading platform that started in 2025 as a perpetual-futures DEX aggregator and has expanded into a multi-asset leveraged exchange. The app lets retail traders take positions in stocks, crypto, foreign currencies, commodities, prediction-market shares, and pre-IPO secondaries from a single interface, with up to 200x leverage available in select jurisdictions. Founder Franklyn Wang, a former Two Sigma quantitative researcher, is positioning Liquid as a 24/7 cross-asset venue rather than a crypto-only exchange.
Why it matters
Signals from funding, traction, and product direction.
- Round closed less than six months after Liquid raised a $7.6M seed led by crypto VC Paradigm in November 2025, more than tripling its lifetime funding.
- Co-led by Neo and Left Lane Capital with participation from Haun Ventures, K5 Global, SV Angel, AntiFund and Sunflower Capital.
- Founder Franklyn Wang is a 25-year-old Harvard graduate who previously worked as a quantitative researcher at Two Sigma before launching Liquid as a perpetual-futures DEX aggregator.
- Platform now spans stocks, crypto, FX, commodities, Polymarket prediction-market positions and pre-IPO secondaries, with up to 200x leverage offered in some jurisdictions.
Funding history
Rounds and investors over time, newest first.
- $18MK5 GlobalAnti FundSunflower CapitalNeo · LeadSV AngelHaun VenturesLeft Lane Capital · Lead
In the news
Press, announcements, and coverage about this company.
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