Cascade Launches 24/7 Brokerage for Crypto and Stock Perpetual Contracts

Cascade’s $15 million-funded platform offers unified margin trading across crypto, U.S. stocks, and private companies, highlighting continuous market settlement and direct U.S. dollar bank transfers, with public launch set for early 2026.

NEO

Summary

Cascade, a New York-based startup, has officially announced the launch of what it calls the first 24/7 neo-brokerage built around a unified margin account for perpetual markets spanning cryptocurrencies, major U.S. equities, and private companies such as OpenAI, SpaceX, and Stripe. The platform enables direct U.S. dollar deposits and withdrawals with banks, continuous market settlement, and transparent collateral management using crypto-native infrastructure. Initial access is by invitation, with wider public rollout planned for early 2026. Cascade has raised $15 million from investors including Polychain Capital, Variant, Coinbase Ventures, and Archetype. The service will debut with more than 10 perpetual markets, expanding over time.

Terms & Concepts
  • Unified margin account: A trading account that combines collateral from multiple asset types to manage positions and risk across different markets.
  • Perpetual markets: Financial markets offering perpetual contracts that have no expiration date, allowing traders to hold positions indefinitely.
  • Crypto-native infrastructure: Technology systems and frameworks originally designed for blockchain and cryptocurrency operations, enabling features like continuous settlement and transparent collateral management.