Liquid Expands Asset Coverage with $18 Million Funding

Liquid, a crypto derivatives platform, has secured $18 million in funding to expand its asset coverage beyond cryptocurrency. The platform's ambition is to offer perpetual futures-style access to equities, commodities, forex, prediction markets, and private secondaries through a single always-on interface.

The funding round, co-led by Neo and Left Lane Capital, brings together a diverse group of investors, including Haun Ventures, K5 Global, SV Angel, AntiFund, and Sunflower Capital. This reflects the hybrid positioning Liquid is trying to occupy – neither purely a crypto exchange nor a conventional retail brokerage.

The platform's approach builds on the success of perpetual futures contracts in cryptocurrency trading, which have proven that retail traders want leveraged, always-on access to assets without the complexity of managing rolling expiry dates. By applying this model to equities, commodities, and forex, Liquid aims to create a unified derivatives interface for various assets.

The regulatory environment is becoming more permissive toward this model in several jurisdictions, particularly outside the United States. With over $3 billion in trading volume since its launch in August 2025, Liquid has demonstrated its functionality and user adoption.