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HyperEVM trading protocol Catapult Trade announces the completion of a $6 million financing and will launch TGE

2026-08-29 08:34:03

iTrading platform Catapult Trade announced the completion of a total of $6.6 million in financing across 4 rounds. The seed round investors include KuCoin Ventures, Oddiyana Ventures, Venture Vault VC, and a T1 fund whose name has not yet been disclosed. Angel investors include Blockstreet co-founder and CMO Kyle Klemmer (WLFI and USD1 advisor), veteran trader MacnBTC who entered the market in 2017, and former Manta Network CSO Aamir Ghai (Harvard Blockchain mentor).

The private placement round was participated in by operators such as the founder of LIS Skins (with a CS:GO market asset management scale of about $50 million) and the founder of Trady (a multi-chain trading terminal). The KOL round involved over 30 first-line traders and analysts. The financing will support Catapult Turbo (which has achieved a nominal trading volume of $6 billion and a net income of $3.3 million since its launch) and three new products: Gamified Futures, a Gamified Prediction Market powered by Obsidian, and TradFi and crypto classic futures. The $PULT token, as part of the iTrading token plan, is scheduled to launch in the fall of 2026. Strategic round participants will be announced before the TGE and are currently in discussions with several first-line exchanges for listing.

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