{"id":30781,"date":"2026-07-16T18:29:15","date_gmt":"2026-07-16T17:29:15","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/07\/16\/multicoin-capital-invests-trasia-hyperliquid\/"},"modified":"2026-07-16T18:29:19","modified_gmt":"2026-07-16T17:29:19","slug":"multicoin-capital-invests-trasia-hyperliquid","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/2026\/07\/16\/multicoin-capital-invests-trasia-hyperliquid\/","title":{"rendered":"Multicoin Capital Bets on Trasia in Its First Move Into the Hyperliquid Ecosystem"},"content":{"rendered":"\n

Multicoin Capital<\/strong> is crossing a strategic milestone by investing for the first time in a project built on Hyperliquid<\/strong>. The target: Trasia<\/strong>, a trading platform designed specifically for Asian traders and co-founded by a former figure from within the fund itself.<\/p>\n\n\n\n

A deal that blends technological conviction with insider network ties \u2014 and one that says a great deal about the direction Hyperliquid<\/strong> is heading in the race for DeFi infrastructure dominance.<\/p>\n\n\n\n

Behind this funding round lies a clear thesis: Asia<\/strong> remains a market chronically underserved by Western decentralized platforms, and Hyperliquid<\/strong> could well be the rails on which to fix that.<\/p>\n\n\n\n

Trasia: A Bet on Asia, Built on Hyperliquid<\/h2>\n\n\n\n

Trasia<\/strong> is an on-chain trading platform designed specifically to meet the needs of Asian traders. It is built on the infrastructure of Hyperliquid<\/a><\/strong>, the Layer 1 blockchain specialized in decentralized perpetual trading, which has established itself as one of the highest-volume DEXs in recent months.<\/p>\n\n\n\n

The platform was co-founded by Mable Jiang<\/strong>, a former partner at Multicoin Capital<\/strong>, which gives this investment a particularly notable dimension. Jiang has an intimate understanding of the fund’s investment thesis, its selection criteria, and its expectations around scalability \u2014 a meaningful advantage when it comes to aligning both parties’ interests from day one.<\/p>\n\n\n\n

The geographic angle behind Trasia<\/strong> is far from incidental. Asian markets \u2014 notably South Korea<\/strong>, Japan<\/strong>, Singapore<\/strong>, and Southeast Asia<\/strong> \u2014 account for a massive share of global crypto trading volume, yet they remain consistently underserved by predominantly English-language DeFi protocols. Trasia aims to bridge that gap with a user experience and feature set tailored to local trading habits.<\/p>\n\n\n\n

Why Multicoin Capital Is Choosing Hyperliquid as Its Playing Field<\/h2>\n\n\n\n

This first investment in the Hyperliquid<\/strong> ecosystem marks a strong signal from Multicoin Capital<\/strong>. The Texas-based fund, known for its early-stage bets on high-potential infrastructure \u2014 with Solana<\/a><\/strong> as its flagship call \u2014 is validating the thesis that Hyperliquid represents serious infrastructure<\/strong> on which to build large-scale decentralized financial applications.<\/p>\n\n\n\n

Hyperliquid<\/strong> has generated perpetual trading volumes that rival those of mid-tier centralized exchanges, all while maintaining a fully on-chain architecture. Its technical performance \u2014 low latency, native order book, deep liquidity \u2014 makes it an attractive foundation for platforms like Trasia<\/strong> that require execution reliability to win over active traders.<\/p>\n\n\n\n

By choosing to deploy its first capital in this ecosystem through Trasia<\/strong> rather than a generalist protocol, Multicoin Capital<\/strong> is sending a clear message: the geographic and vertical specialization of DeFi trading<\/a><\/strong> is the next frontier. After the blockchain wars, the battle for local interfaces and regional markets is just getting started.<\/p>\n\n\n\n

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