Rails operates a perpetual trading platform that integrates centralized order processing with on-chain custody to offer a single-platform experience. Transactions are cryptographically aggregated and posted on-chain to preserve user privacy. Users can cryptographically verify transactions included in a Merkle tree via the company’s transaction explorer. The centralized platform is designed to match orders with sub-millisecond processing using a proprietary matching engine, enabling fast settlements and real-time account balance updates. User funds are held on-chain in an audited smart contract that tracks deposits, withdrawals, and fees. The company intends to use recent funding to expand operations and development efforts. Rails is a Toronto-based provider of a self-custodial crypto exchange for trading perpetuals that allows users to maintain control of their funds. Its core product combines a centralized order book and a proprietary matching engine for execution speed with blockchain-based decentralized custody via audited smart contracts and zero-knowledge proofs to mitigate fraud and theft. The platform is designed to give traders full control over funds without sacrificing speed or efficiency. Rails recently raised $6.2M in Seed financing to support expansion of operations and development efforts. Leadership includes CEO Satraj Bambra, co-founder & CTO Megha Bambra, and co-founder, President & COO Rick Marini.

Total raised

$20M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2025