MochaTrade, a global trading platform, has announced the successful raising of an undisclosed pre-seed funding round from Y Combinator and Pioneer Fund as part of Y Combinator’s Spring 2026 batch. The platform intends to offer eligible users access to US perpetual futures on various assets, including stocks like Apple and Tesla, commodities, and indices such as the S&P 500. This initiative aims to address the limitations of traditional brokerage accounts and cross-border transfers, providing a streamlined trading experience through a single mobile application. MochaTrade's markets will operate continuously, allowing for real-time trade settlements, which enhances capital efficiency by enabling immediate redeployment of funds once positions are closed. The company estimates that the opportunity to provide leveraged access to US stocks for global traders represents a market potential exceeding $100 billion. Co-founder and CEO Utkarsh Sinha emphasized the need for compliant pathways for non-US traders, who often face restricted access to the most liquid equities. The raised funds will be allocated towards building the trading engine, risk infrastructure, and regulatory groundwork necessary for the platform's launch in targeted jurisdictions.