Cascade, a New York-based startup, introduced what it called the first 24/7 neo-brokerage built around a unified margin account for perpetual markets linked to cryptocurrencies, major US stocks and private companies like OpenAI, SpaceX and Stripe.
The platform is designed to look like a modern retail brokerage while running on a new execution and settlement stack designed for always-on trading, the company said in a press release Tuesday. Selected depositors already have access by invitation and public access is expected to open in early 2026.
The launch comes as the crypto-native market structure is seeping into consumer trading, with startups arguing that the traditional brokerage pipeline was built for market hours and batch settlement. Cascade leans toward that thesis and said crypto infrastructure enables software-based settlement and more transparent collateral management that could support continuous markets.
“Our goal is to bring the speed and clarity of fintech trading to the world of perpetual markets,” Cascade co-founder Kevin, who declined to give his last name, said in the statement.
Users will be able to deposit and withdraw US dollars directly with their banks, trade from a single account and maintain open positions 24 hours a day, according to the announcement.
Cascade said it will debut with more than 10 perpetual markets and will expand the range over time.
The platform aims to offer a single account where users can “own stocks, trade digital assets, borrow against their portfolio, and access synthetic exposure within a single account that is continuously settled and 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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