Catapult Trade Secures $6.6 Million Financing for New Trading Products
Catapult Trade, an iTrading platform, has successfully completed a financing round totaling $6.6 million, which was raised across four separate funding rounds. Notable investors include KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC, along with a yet-to-be-named T1 fund. The seed round also attracted angel investors such as Kyle Klemmer, co-founder and CMO of Blockstreet, veteran trader MacnBTC, and Aamir Ghai, former CSO of Manta Network.
The funds raised will be utilized to enhance Catapult Turbo, which has recorded a trading volume of $6 billion and a net income of $3.3 million since its inception. Additionally, the financing will support the development of three new products: Gamified Futures, a Gamified Prediction Market powered by Obsidian, and classic futures for both traditional finance and cryptocurrency markets.
The $PULT token, part of Catapult Trade's iTrading token initiative, is set to launch in the fall of 2026. The platform is currently in discussions with several leading exchanges for potential listings, with further announcements regarding strategic round participants expected before the Token Generation Event (TGE).
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Source: KLEA News