Liquid raises $18M funding

Liquid said Tuesday it closed an $18 million series seed round to build out its 24/7 multi-asset trading platform. (theblock.co) (morningstar.com) The round was co-led by Neo and Left Lane Capital, with Paradigm, General Catalyst, Haun Ventures, K5 Global, SV Angel, AntiFund and Sunflower Capital also participating. (theblock.co) (morningstar.com) Liquid co-founder and chief executive Franklyn Wang told The Block the company now has raised $25.6 million in total, after a $7.6 million seed round led by Paradigm in November 2025. The new round formally closed in January 2026, he said. (theblock.co) Liquid started as a perpetual futures decentralized exchange aggregator, then expanded into a non-custodial platform that lets users trade crypto and traditional markets from one interface. (theblock.co) The company says the app offers more than 500 markets across crypto, equities, commodities, foreign exchange and pre-IPO assets on iOS, Android and desktop. It also advertises leverage of up to 200x. (morningstar.com) (theblock.co) Wang said the pitch is that traders increasingly move between asset classes instead of staying only in crypto, stocks or commodities. He also said Liquid plans to add more artificial-intelligence-based research and execution tools. (theblock.co) Liquid says users keep custody of their assets rather than handing them to the platform, a structure that has become a selling point for crypto-native traders since the collapse of several centralized firms in recent years. (theblock.co) The company did not disclose its valuation, and Wang told The Block that no investor took a board, advisory or observer seat in the financing. The board remains unchanged and is composed of Wang, he said. (theblock.co) The new money gives Liquid more capital to chase a simple bet: traders want one always-on venue for crypto and traditional assets, not separate apps tied to market hours. (theblock.co) (morningstar.com)