Mochatrade Raises $5.56 Million to Enter India
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On October 27, 2026, Cryptopolitan reported that Mochatrade had raised $5.56 million and planned to offer Indian traders perpetual contract trading linked to U.S. stocks. Users can deposit and withdraw Indian rupees through India’s Unified Payments Interface (UPI), with more than 50 U.S. stocks available for trading and leverage of up to 50x. The report noted that users who trade the contracts do not hold the underlying stocks and are not entitled to dividends; the platform is expected to launch publicly in the coming weeks. Existing reports did not provide information on the financing investors, use of funds, or the official launch date.
AI-written from reports · updated 1 hour ago
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- CryptopolitanMochatrade raises $5.56M to let Indian users trade perpetual contracts on US stocks
Mochatrade raised $5.56M and plans to let Indian traders use rupees to trade perpetual contracts linked to US stocks. The platform supports depositing and withdrawing rupees via India’s UPI, covers more than 50 US stocks, and offers up to 50x leverage. Users do not hold the stocks or receive dividends. A public launch is expected in the coming weeks.
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