Mochatrade Raises $5.5 Million to Bring US Stock Trading Closer to Indian Traders
10 Articles
10 Articles
Mochatrade raises $5.5 million to bring US stock trading closer to Indian traders
Mochatrade has raised $5.5 million in funding to enhance its trading platform for Indian users. The platform allows users to trade US stocks without needing a US brokerage account. It also permits Indian traders to manage funds in rupees, simplifying the entire trading experience. Future plans include introducing contracts linked to pre-IPO companies and other features.
Mochatrade raises $5.56M to bring US stock perpetuals to India
Mochatrade has raised $5.56 million to give Indian traders a way to bet on U.S. stock prices using rupees, without owning the shares. Its upcoming launch will pave the way for the entry of increased retail activity into round-the-clock equity derivatives. This will make it possible to trade at times when the U.S. markets are...
Mochatrade collected USD 5.56 million to launch perpetual futures linked to US stock prices and bankable in rupees. The startup, backed by CoinFund and Y Combinator, is in beta phase and says it is preparing to open to the public.
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