Trasia Labs Completes $1.75 Million Seed Round, Multicoin Capital Participates

Trasia Labs has announced the completion of a $1.75 million seed funding round, with Multicoin Capital as the sole institutional investor. The project is a perpetual contract trading platform natively built on Hyperliquid, primarily targeting the Asian market. It is currently connected to the native perpetual market on Hyperliquid in a non-custodial manner, with plans to later launch its own perpetual contracts based on the HIP-3 protocol.