Vest raises $13M to build a prop trading firm that profits when its traders do

Exclusive: Portal Ventures-backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits

Senior executives at Citadel Securities, BlackRock, and KKR also contributed to the round.

Vest Raises $13M To Build A Prop Trading Firm That Doesn’t Bet Against Its Traders

NEW YORK, NY (PinionNewswire) Vest Labs, the company behind the Vest Markets trading platform, has raised $13 million in a round led by Portal Ventures to build the most trader-friendly cross-asset exchange. The company closed the round at $10 million in annualized revenue on $18 million raised in total. Since then, growth has accelerated sharply: […]

Vest raises $13M to build a prop trading firm that profits when its traders do

Vest's model could reshape prop trading by aligning firm success with trader success, potentially increasing trust and participation in the market.