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Mochatrade raises $5.56M to expand India-focused platform for trading U.S. stock contracts.

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28 Oct 2026, 17:41 WIB
Tokenpost
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Bullish
Mochatrade raises $5.56M to expand India-focused platform for trading U.S. stock contracts.

Mochatrade secured $5.56 million in funding through pre-seed and seed rounds led by Y Combinator and CoinFund to grow its India-focused trading platform. The platform allows users to deposit Indian rupees and trade perpetual contracts linked to over 50 U.S. stocks and other assets like Bitcoin and gold, without transferring shares. Mochatrade plans to use the funds to enhance its trading engine, risk controls, and expand its user base, while developing new features like U.S. stock options and social trading, pending regulatory approval. The company operates under India's anti-money-laundering regulations but is not yet authorized for securities business.

Mochatrade's recent funding round is the subject, provided here with Pluang's cryptocurrency market context. For readers following major cryptocurrencies, 38 of 50 priced assets rose and 11 fell today. Notable movers include BAL at Rp16.297 (+11.14%), EOS at Rp12.649 (+8.13%), and EGLD at Rp61.081 (+4.60%) with 100% buy order activity. This data is as of Oct 28, 2026 21:22 WIB.

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