Home » Catapult Trade Names Its Backers as Total Raised Reaches $6.6 Million Ahead of $PULT TGE

Catapult Trade Names Its Backers as Total Raised Reaches $6.6 Million Ahead of $PULT TGE

by Brandon Duncan
0 comments



KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC are among the investors behind Catapult Trade, the company confirmed following the close of its fourth funding round.

Summary

  • Catapult Trade says four funding rounds raised $6.6 million before its planned PULT token launch.
  • KuCoin Ventures, Oddiyana Ventures and Venture Vault VC participated alongside unnamed funds, traders and angels.
  • The platform reports over $6 billion in trading volume and $3.3 million in net revenue.
  • Catapult targets a fall 2026 token launch, with planned listings and liquidity across multiple blockchains.
  • PULT economics will include token buybacks and burns funded by revenue, according to the company.

The disclosure covers backers across four completed rounds totalling $6.6 million, none of which had been named publicly until now.

Catapult Trade runs a consumer trading product that merges trading mechanics, gamification, and provably fair technology. Prices are not sourced from any external market. Each session is generated algorithmically using Geometric Brownian Motion, committed to a public cryptographic hash before trading opens, and revealed once it closes, so that any participant can confirm the chart was never altered mid-session. Halborn and Hashlock have both audited the system independently.

The platform has been live since December 2025 and has cleared more than $6 billion in cumulative trading volume and $3.3M in net revenue ahead of its token launch. Users can create their own tokens and open trading sessions on them. Tokens published to the discovery feed earn their creators a share of trading fees, while private tokens stay visible only to the accounts that made them. 

A 1% notional fee on every trade is split between the protocol and the creator, with an additional fee applied to profitable positions. Protocol revenue funds buybacks and burns and feeds a portion back into ecosystem reward pools.

On the funding itself, the Seed round raised $500,000. Alongside the three funds named above, a T1 fund participated whose name cannot be disclosed at this stage, and three early angels joined: Kyle Klemmer, Co-Founder and CMO at Blockstreet, advisors to WLFI and USD1; MacnBTC, a 2017 OG trader; and Aamir Ghai, ex CSO at Manta Network and a mentor at Harvard Blockchain.

The $2.1 million Private round brought in founders of consumer trading businesses. Among them are the founder of LIS Skins, a CS:GO skin marketplace in the $50 million AUM range, and the founder of Trady, a multichain trading terminal. The remaining participants are not being named at this time. A further $400,000 came from 30+ tier 1 traders and analysts in the KOL round, and the Early Public Round closed at $3.6 million on Catapult Trade’s own platform at $0.06 per token. Participants in the current Strategic round will be announced before TGE.

Over the same period, Catapult Trade ran joint campaigns with the Binance, KuCoin and Gate wallets.

Three products are due before the token launches: Gamified Futures, a gamified prediction market powered by Obsidian, and TradFi & Crypto Classic Futures. The team is targeting a TGE in the fall of 2026, with more than eight centralized exchange listings planned around it. $PULT will be issued as an omnichain asset through LayerZero, with liquidity across BNB Chain, Robinhood, HyperEVM and others.

Catapult Trade built its user base, volume, and revenue first, and is introducing $PULT to distribute the economics that activity already produces through buybacks and burns.

Full list of investors across all rounds will be disclosed a few weeks prior to the TGE.



Source link

You may also like

Editor Pics

Latest News

© 2025 blockchainsphere.info. All rights reserved.