Top list · Worldwide

Trading infrastructure startups worldwide

41 trading infrastructure startups worldwide have raised money in rounds we track. These are the 41 that have raised the most, $1.3B between them, with the United States the most common home.

$1.3Braised by these 41
41on our record in all
United Statesmost common home
Alpacaraised the most
  1. 1AlpacaAlpaca is a brokerage infrastructure company based in San Mateo, California, that specializes in providing an API-first platform for commission-free trading.

    Alpaca is a brokerage infrastructure company based in San Mateo, California, that specializes in providing an API-first platform for commission-free trading.

    Founded 2017San Mateo, United States$513Mlast round Jul 2026
  2. 2Kana LabsKana Labs is an England-based blockchain infrastructure platform that offers solutions such as cross-chain spot trading and smart wallets for individuals.

    Kana Labs is an England-based blockchain infrastructure platform that offers solutions such as cross-chain spot trading and smart wallets for individuals.

    Founded 2022London, United Kingdom$200Mlast round Nov 2023
  3. 3Zerohashzerohash is a B2B digital asset infrastructure provider based in Chicago, Illinois, founded in 2017.

    zerohash is a B2B digital asset infrastructure provider based in Chicago, Illinois, founded in 2017.

    Founded 2017Chicago, United States$104Mlast round Sept 2025
  4. 4GnosisGnosis is a blockchain infrastructure company and DAO-builder founded in 2015, operating as a comprehensive Web3 ecosystem.

    Gnosis is a blockchain infrastructure company and DAO-builder founded in 2015, operating as a comprehensive Web3 ecosystem.

    Founded 2017Berlin, Gibraltar$100Mlast round Jul 2022
  5. 50x0x is a blockchain technology company based in San Francisco, founded in 2016 by Will Warren and Amir Bandeali.

    0x is a blockchain technology company based in San Francisco, founded in 2016 by Will Warren and Amir Bandeali.

    Founded 2016San Francisco, United States$70Mlast round Apr 2022
  6. 6BCB GroupBCB Group is a regulated financial services firm based in London, UK, founded in 2017.

    BCB Group is a regulated financial services firm based in London, UK, founded in 2017.

    Founded 2017London, United Kingdom$59Mlast round Jan 2022
  7. 7VariationalVariational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum.

    Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum.

    Founded 2022George Town, Cayman Islands$52Mlast round May 2026
  8. 8BitGoBitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated

    BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated

    Founded 2013Palo Alto, United States$28Mlast round Jan 2024
  9. 9TradierTradier is a cloud-based financial technology and brokerage firm based in Charlotte, North Carolina.

    Tradier is a cloud-based financial technology and brokerage firm based in Charlotte, North Carolina.

    Founded 2012Charlotte, United States$28Mlast round Apr 2023
  10. 10TemplumTemplum is an institutional-grade technology platform, infrastructure, and network for capital raising and secondary trading.

    Templum is an institutional-grade technology platform, infrastructure, and network for capital raising and secondary trading.

    Founded 2017New York, United States$24Mlast round May 2026
  11. 11UtilaUtila is a digital asset infrastructure platform founded in 2022, designed for fintechs, financial institutions, and Web3 builders.

    Utila is a digital asset infrastructure platform founded in 2022, designed for fintechs, financial institutions, and Web3 builders.

    Founded 2022New York, United States$22Mlast round Sept 2025
  12. 12SynFuturesSynFutures is a decentralized exchange (DEX) and financial infrastructure provider focused on decentralized derivatives trading.

    SynFutures is a decentralized exchange (DEX) and financial infrastructure provider focused on decentralized derivatives trading.

    Founded 2020Singapore, Singapore$22Mlast round Oct 2023
  13. 13ExegyExegy is a financial technology company that specializes in ultra-low-latency market data and trading infrastructure solutions.

    Exegy is a financial technology company that specializes in ultra-low-latency market data and trading infrastructure solutions.

    Founded 2003St. Louis, United States$17Mlast round Feb 2013
  14. 14CaplightCaplight is a financial technology company based in San Francisco, California, founded in 2021.

    Caplight is a financial technology company based in San Francisco, California, founded in 2021.

    Founded 1986San Francisco, United States$16Mlast round Jun 2026
  15. 15Fractal PowerFractal Power is a vertically integrated renewable energy company based in New York, NY, with a secondary location in Austin, TX.

    Fractal Power is a vertically integrated renewable energy company based in New York, NY, with a secondary location in Austin, TX.

    Founded -New York, United States$9.8Mlast round Jan 2026
  16. 16Bitlight LabsBitlight Labs is a new ecosystem based on the RGB protocol deployed on the BTC Lightning Network, with a primary focus on implementing the trading infrastructur

    Bitlight Labs is a new ecosystem based on the RGB protocol deployed on the BTC Lightning Network, with a primary focus on implementing the trading infrastructur

    Founded 2023London, United States$9.6Mlast round Sept 2025
  17. 17RabbitXRabbitX is a crypto trading platform that specializes in perpetuals and liquidity provision.

    RabbitX is a crypto trading platform that specializes in perpetuals and liquidity provision.

    Founded 2021New York, Singapore$8.5Mlast round Jan 2022
  18. 18BulkBULK is a trading engine.

    BULK is a trading engine.

    Founded --$8.0Mlast round Sept 2025
  19. 19Warlock LabsWarlock Labs is a crypto-native software company based in Amsterdam, Netherlands.

    Warlock Labs is a crypto-native software company based in Amsterdam, Netherlands.

    Founded -Netherlands$8.0Mlast round Mar 2025
  20. 20HibachiHibachi is a blockchain-based trading company focused on creating the first stablecoin-native FX exchange.

    Hibachi is a blockchain-based trading company focused on creating the first stablecoin-native FX exchange.

    Founded 2023New York, United States$5.0Mlast round Mar 2025
  21. 21Konomi NetworkKonomi Network is a decentralized financial protocol built on Substrate, operating within the Polkadot ecosystem.

    Konomi Network is a decentralized financial protocol built on Substrate, operating within the Polkadot ecosystem.

    Founded 2017Singapore, Singapore$5.0Mlast round Mar 2021
  22. 22Orderly NetworkOrderly Network is a next generation trading infrastructure.

    Orderly Network is a next generation trading infrastructure.

    Founded 2022Bahamas$5.0Mlast round Aug 2024
  23. 23FlashnetFlashnet is a company specializing in Bitcoin infrastructure, orchestration, and decentralized exchange.

    Flashnet is a company specializing in Bitcoin infrastructure, orchestration, and decentralized exchange.

    Founded 2024Los Angeles, United States$4.5Mlast round Feb 2025
  24. 24GoQuantGoQuant is a Miami-based fintech company founded in September 2022 by Denis Dariotis.

    GoQuant is a Miami-based fintech company founded in September 2022 by Denis Dariotis.

    Founded 2022Miami, United States$4.0Mlast round May 2025
  25. 25Shorter FinanceShorter Finance is a 100% on-chain infrastructure from IPI Labs.

    Shorter Finance is a 100% on-chain infrastructure from IPI Labs.

    Founded 2017New York, United States$4.0Mlast round Apr 2022
  26. 26CanxchangeCanxchange is a London-based B2B market infrastructure and electronic trading platform that specializes in transactions for industrial hemp, CBD, and medical cannabis.

    Canxchange is a London-based B2B market infrastructure and electronic trading platform that specializes in transactions for industrial hemp, CBD, and medical cannabis.

    Founded 2019London, United Kingdom$3.9Mlast round May 2025
  27. 27tread.fiTread.fi provides high-performance algorithmic trading infrastructure for institutional digital asset firms.

    Tread.fi provides high-performance algorithmic trading infrastructure for institutional digital asset firms.

    Founded 2022New York, United States$3.5Mlast round Jul 2024
  28. 28BridgePortBridgePort is an institutional fintech infrastructure company that specializes in middleware solutions for the crypto market.

    BridgePort is an institutional fintech infrastructure company that specializes in middleware solutions for the crypto market.

    Founded 2024New York, United States$3.2Mlast round Jul 2025
  29. 29TreverTrever serves powerful digital asset infrastructure for financial institutions across Europe.

    Trever serves powerful digital asset infrastructure for financial institutions across Europe.

    Founded 2019Graz, Austria$2.6Mlast round Jul 2024
  30. 30Elys NetworkElys Network is a Singapore-based Web3 and DeFi company that aims to provide a user-centric finance experience on blockchain infrastructure.

    Elys Network is a Singapore-based Web3 and DeFi company that aims to provide a user-centric finance experience on blockchain infrastructure.

    Founded 2022Singapore, Singapore$2.5Mlast round Jun 2024
  31. 31UltradeULTRADE is a Web3 and DeFi trading infrastructure company that provides a whitelabel, DeFi-as-a-Service platform for launching branded trading experiences.

    ULTRADE is a Web3 and DeFi trading infrastructure company that provides a whitelabel, DeFi-as-a-Service platform for launching branded trading experiences.

    Founded 2021New York, United States$2.4Mlast round Sept 2022
  32. 32JanuarJanuar is a regulated EEA Payment Institute based in Copenhagen, Denmark, focused on providing financial infrastructure for crypto and web3 businesses across Europe.

    Januar is a regulated EEA Payment Institute based in Copenhagen, Denmark, focused on providing financial infrastructure for crypto and web3 businesses across Europe.

    Founded 2020Copenhagen, Denmark$1.6Mlast round Feb 2024
  33. 33Rug.aiAI Powered Trading Infrastructure for Digital Assets

    AI Powered Trading Infrastructure for Digital Assets

    Founded 2023-$1.1Mlast round Mar 2024
  34. 34Atomic VaultsAtomic Vaults is a financial services and fintech company founded in 2021 and based in the United States.

    Atomic Vaults is a financial services and fintech company founded in 2021 and based in the United States.

    Founded 2021San Francisco, United States$1.0Mlast round Jan 2022
  35. 35Flowtrade.aiFLOWTRADE is AI-native trading infrastructure that converts predictive intelligence into governed execution.

    FLOWTRADE is AI-native trading infrastructure that converts predictive intelligence into governed execution.

    Founded 2022Charlotte, United States$600Klast round Dec 2024
  36. 36Stoa (YC S26)Stoa is building pricing and trading infrastructure for AI infrastructure assets, starting with GPU hardware.

    Stoa is building pricing and trading infrastructure for AI infrastructure assets, starting with GPU hardware.

    Founded 2026San Francisco, United States$500Klast round Jun 2026
  37. 37CrypDefiCrypDefi is a Belgium-based fintech startup founded in 2024, specializing in self-custody execution infrastructure for institutional trading firms, particularly

    CrypDefi is a Belgium-based fintech startup founded in 2024, specializing in self-custody execution infrastructure for institutional trading firms, particularly

    Founded 2024Brussels, Belgium$350Klast round Aug 2025
  38. 38MEENA TECHNOLOGIESWorld-Class Expertise Our platform is born from collaboration between technologists, quantitative analysts, and systems engineers who have spent decades buildin

    World-Class Expertise Our platform is born from collaboration between technologists, quantitative analysts, and systems engineers who have spent decades buildin

    Founded 2025London, United Kingdom$330Klast round Dec 2025
  39. 39THETA Trading SystemsTHETA Trading Systems is a financial technology firm based in London, England, specializing in capital markets infrastructure.

    THETA Trading Systems is a financial technology firm based in London, England, specializing in capital markets infrastructure.

    Founded 2019United Kingdom$173Klast round Jun 2021
  40. 40NettyWorthNettyWorth is a blockchain and AI-powered loan infrastructure company based in San Francisco.

    NettyWorth is a blockchain and AI-powered loan infrastructure company based in San Francisco.

    Founded 2021San Francisco, United States$116Klast round Jan 2024
  41. 41ExchangeryThe Exchangery offers a unique approach to starting a commodities exchange.

    The Exchangery offers a unique approach to starting a commodities exchange.

    Founded 2011Chicago, United States$75Klast round Jun 2011
Total fundinghow the list is ranked
15 November 2026updated nightly
Rounds we tracksource: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

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