Multicoin invests $1.75 million in Asia-focused trading platform Trasia
The venture firm makes its first bet on a Hyperliquid-native project, backing a non-custodial trading platform designed specifically for Asian markets.
Asia-first trading platform Trasia has launched alongside a $1.75 million seed investment led by Multicoin, according to a Thursday statement.
The non-custodial platform is designed to offer a mobile-first experience similar to major centralized exchanges while targeting traders across Asian markets.
Trasia said its upcoming HIP-3 protocol will expand access to Asian assets on-chain, with a focus on emerging sectors such as AI and robotics.
The company aims to combine localized markets with a familiar trading interface to encourage greater adoption of decentralized trading. Its web platform is live, and a mobile app is expected to launch later this summer.