Cascade, a startup located in New York, has launched what it describes as the first 24/7 neo-brokerage with a unified margin account for perpetual markets linked to cryptocurrencies, major U.S. stocks, and private firms like OpenAI, SpaceX, and Stripe.
The platform aims to mimic a contemporary retail brokerage while utilizing a new execution and settlement framework designed for continuous trading, according to a Tuesday press release. Selected depositors currently have invitation-only access, with plans for public availability anticipated in early 2026.
This launch arrives as crypto-focused market structures begin to influence consumer trading, with emerging companies claiming that traditional brokerage systems were designed for limited market hours and batch settlement processes. Cascade is embracing this idea, asserting that crypto infrastructure facilitates software-driven settlement and clearer collateral management, enabling sustained market operations.
“Our mission is to introduce the efficiency and transparency of fintech trading into the realm of perpetual markets,” stated Kevin, a co-founder of Cascade who preferred not to disclose his last name, in the announcement.
Users will have the capability to transfer U.S. dollars directly from their banks, trade from a single account, and maintain positions continuously, as stated in the release.
Cascade plans to launch with over 10 perpetual markets and will broaden its offerings over time.
The platform aims to provide a unified account where users can “own equities, trade digital assets, borrow against their portfolios, and access synthetic exposure from a single account that settles continuously and is available 24/7,” Kevin added.
Cascade has secured $15 million in funding thus far from investors such as Polychain Capital, Variant, Coinbase Ventures, and Archetype, among others.
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