Cascade, a New York-based startup, introduced what it calls the first 24/7 neo-brokerage built around a unified margin account for perpetual markets linked to cryptocurrencies, major U.S. stocks and private companies such as OpenAI, SpaceX and Stripe.
The platform is designed to resemble a modern retail brokerage while operating on a new execution and settlement stack designed for always-on trading, the company said in a press release Tuesday. Selected applicants already have access by invitation and public access is expected to open in early 2026.
The launch comes as crypto-native market structure creeps into consumer trading, with startups arguing that traditional brokerage plumbing was designed for market hours and batch settlement. Cascade builds on this thesis and argues that crypto infrastructure enables software-based settlement and more transparent collateral management that could support seamless markets.
“Our goal is to bring the speed and clarity of fintech trading to the world of perpetual markets,” Kevin, a co-founder of Cascade who declined to give his last name, said in the release.
Users will be able to transfer and withdraw US dollars directly from their banks, trade from a single account and keep positions open 24 hours a day, according to the announcement.
Cascade said it will debut more than 10 perpetual markets and expand the lineup over time.
The platform aims to offer a single account where users can “own stocks, trade digital assets, borrow against your portfolio, and access synthetic exposure within a single account that settles continuously and is available 24/7,” Kevin said.
Cascade has raised $15 million to date from investors including Polychain Capital, Variant, Coinbase Ventures and Archetype, among others.
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