New York-based multi-asset trading platform Liquid has raised $18mn in Series A funding as persistent investor appetite for platforms that deliver professional-grade leverage to retail users continue to grow.
Liquid Raises $18mn Series A for Multi-Asset Retail Trading
29 April 2026 - 10:19 CEST
Launched in August 2025, Liquid offers 24/7 trading across more than 500 markets spanning cryptocurrencies, equities, commodities, foreign exchange and pre-IPO assets, with leverage of up to 200x in eligible jurisdictions.
The round was co-led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund and Sunflower Capital. Existing backers Paradigm and General Catalyst also joined.
The platform has more than 40,000 users and generated more than $3bn in cumulative trading volume in fewer than nine months. It provides AI-driven research and execution tools aimed at levelling the playing field for everyday traders.
"One of our primary goals for the platform is to democratize access to markets that retail traders have traditionally found difficult to reach," said Liquid CEO and co-founder Franklyn Wang. Matthew Miller, managing partner at Left Lane Capital, said retail investors now represent 36% of order flow in certain segments.
Liquid operates in a crowded "universal exchange" space alongside Robinhood (HOOD) and Coinbase (COIN). While the model appeals to users hungry for sophisticated tools, high-leverage products carry substantial risk of amplified losses and remain subject to strict regulatory limits, particularly for retail clients in the US and EU.
