Rocketplace offers a digital asset platform that provides commission-free trading of more than 30 tokens and places fund distribution and management at the center of its product. The company plans to build distribution, custody, administration, and compliance tooling so retail investors can evaluate, invest in, and get appropriate disclosures and tax information for crypto financial products. Rocketplace makes money via a small spread between bid and offer prices rather than charging commissions. The startup says the majority of its new capital will be used to launch its fund distribution business and to expand the team. Rocketplace currently has 10 employees and plans to double headcount over the next six months. The founding team includes CEO Louis Beryl and COO Ben Hutchinson, who previously built online lender Earnest and sold it to Navient for about $155 million in 2017.

Total raised

$9M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022