Morpher Labs GmbH
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Morpher Labs GmbH - overview
Established
2018
Location
Vienna, -, Austria
Primary Industry
Financial Services
About
Morpher Labs GmbH develops a trading platform enabling users to engage in virtual futures trading across various markets. The company focuses on providing a non-custodial crypto wallet with zero fees and infinite liquidity for both professional and retail clients. Founded in 2018 in Vienna, Austria, Morpher Labs GmbH specializes in a trading platform that supports virtual futures trading. The firm was founded by Denis Bykov and Martin Froehler.
In October 2021, Morpher raised USD 6. 00 mn in a Series A funding round led by Draper Associates, with participation from Apex Ventures and RTP Global. This funding round enabled the firm to increase its market reach and enhance its platform offerings. Morpher Labs GmbH offers a trading platform that allows users to trade virtual futures across more than 800 markets, including stocks, cryptocurrencies, and forex.
Their core product is a non-custodial crypto wallet that enables users to buy, sell, and short assets with zero fees and infinite liquidity. The platform supports leveraged trading, allowing users to take positions on market movements without incurring traditional trading costs. Morpher emphasizes ease of use, catering to both professional traders and retail clients, including individual investors looking for flexible trading options. The service addresses common trading barriers such as high fees and limited trading hours, providing an innovative solution for those interested in fractional shares and weekend trading, with a geographic reach that includes international markets.
Morpher Labs GmbH generates revenue through its trading platform, which operates on a model where users trade virtual futures using Morpher Tokens (MPH) without incurring traditional trading fees. Each transaction on the platform involves users interacting directly with virtual futures, allowing for instant order execution and eliminating the need for a counterparty. The platform's operational structure promotes self-sustaining trading, focusing on automating processes to enhance user experience. While specific pricing plans for individual services are not disclosed, the company maintains a model that prioritizes zero commission fees, potentially resulting in a higher volume of trades among clients, as the firm’s revenue structure aims to attract active traders benefiting from the platform's advanced features.
Following the most recent deal in October 2021, Morpher Labs GmbH plans to utilize the USD 6. 00 mn raised in Series A funding to democratize global access for investable markets. The company aims to expand its platform capabilities and develop new products aimed at broadening its user base. Specific plans for geographic expansion have not been detailed, but the focus will remain on enhancing market accessibility and user engagement.
Current Investors
Draper, Apex Ventures, RTP Global
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software
Website
www.morpher.com
Verticals
Blockchain, Blockchain, FinTech
Company Stage
Series A
Total Amount Raised
Subscriber access only
Morpher Labs GmbH - employee data


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