What it sells
Co-located trading facility and matching engine on one chip.
Business model breakdown
Buyer: who owns the budget?
UnverifiedMarket-making firms and active traders at crypto institutions; retail traders as a secondary group.
Trigger: what makes them buy now?
UnverifiedNeed lower latency and lower or negative fees than centralized crypto exchanges charge.
Workflow: what inputs become what output?
Traders and market makers place orders via web app or API; the patented lambda API runs trading logic on the same chip as the matching engine, removing network latency.
Economics: what it saves and how it charges
Sells speed, not trades: most customers trade with zero fees, with rebates for making and taking; revenue comes from fees for access to the lambda API, mainly used by market makers.
Distribution: how it reaches customers
Self-serve signup (public alpha) with docs and API; regulated services via 1Money USA.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2025 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.