dTrade Labs Inc.

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dTrade Labs Inc. - overview

Established

2020

Location

Toronto, ON, Canada

Primary Industry

Software

About

dTrade Labs Inc. is a financial technology company that specializes in creating decentralized trading platforms designed to optimize user experience and liquidity across various blockchain networks. Founded in 2020 in Toronto, Canada, dTrade Labs Inc. is focused on enhancing the trading experience within decentralized finance.


The company raised USD 22. 8 mn in September 2021, led by Polychain Capital, with notable participation from Alameda Research and others. The current CEO is Rabeel Jawaid, who is among the founders alongside Ahmad Jawaid, Nikodem Grzesiak, and Zabi Mohebzada. dTrade Labs Inc.


operates a comprehensive decentralized financial ecosystem that enhances trading through high-performance platforms. It offers a derivatives exchange with both regulated and permissionless options, with a full release scheduled for Q1 2025. Additionally, it is developing a globally accessible spot trading exchange to facilitate seamless on-ramps and cross-chain liquidity, targeting both institutional and retail traders across various blockchain networks. dTrade Labs Inc.


's revenue model is based on transaction fees generated from trading activities on its derivatives and spot exchanges. The company attracts retail and institutional investors, where trades incur fees based on volume. The pricing structure is dynamic, influenced by market conditions and liquidity levels, supporting both direct-to-consumer transactions and B2B interactions. Looking ahead, dTrade Labs Inc.


plans to launch its derivatives exchange in Q1 2025, providing new trading options to its users. The company aims to expand its market reach by targeting additional global regions, enhancing its platform's accessibility. The recent funding of USD 22. 8 mn will be utilized to support the development of these new products and facilitate the expansion efforts.


Current Investors

Polychain Capital, Hypersphere Ventures, Divergence Ventures

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.dtrade.org

Verticals

Blockchain, FinTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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