Trade.XYZ rumored to seek $200M equity round at $1.5B valuation

Rumors that Trade.XYZ has been seeking a $200 million equity financing at a $1.5 billion valuation have sparked conflicting views across the crypto community, with supporters calling the report credible while others have dismissed the claim. Summary Trade.XYZ is rumored to be raising $200 million at a $1.5 billion valuation through an equity financing round. Cobie dismissed the fundraising reports, while other crypto community members argued the rumors could be credible. Trade.XYZ has not confirmed the reported financing or announced any plans to raise new capital. The funding speculation surfaced days after Trade.xyz announced reimbursements for users affected by the SK Hynix liquidation incident. Community members have questioned why Trade.XYZ would seek outside investors instead of funding from the Hyperliquid ecosystem. According to market chatter circulating on X and Telegram, speculation about the funding round gained traction after several community figures discussed the possibility of Trade.XYZ raising outside capital. Source: ProMint on X. The reported terms describe a $200 million equity round valuing the company at $1.5 billion, although Trade.XYZ has not publicly confir...