Arbital (YC S26) — The trading terminal for perps, memes, and stocks
Arbital lets you trade perps, memes, stocks, and run market-making strategies from one place. In our first 7 months, 2,700 traders have traded $1.35B in volume through Arbital, and we're now doing $435M/month.
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What it does The trading terminal for perps, memes, and stocks (source)
Example from a real report (our sample on Target): “In March 2026, Target announced a planned incremental $1 billion operating investment” Source: Target Corporation (press release)
Arbital lets you trade perps, memes, stocks, and run market-making strategies from one place. In our first 7 months, 2,700 traders have traded $1.35B in volume through Arbital, and we're now doing $435M/month.
We're building towards a social, mobile-first trading app that brings tokenized equities, crypto, and perps to everyone.
Checked away from the directory entry. What is below does not come from the company's Y Combinator page.
The title and description the site itself served, answering 200. Not a cached copy and not the company's directory entry — what was live when we asked.
Karon Pangestu
Founder/CEO
Co-founder at Arbital. Head of Growth and first non-engineering hire at Aevo, where I led growth, marketing, and product - helping scale the exchange from $1B to ~$100B in cumulative trading volume, and growing DAU from 1K to 30K in five months. Helped take the company public via token launch (token now listed on Binance and Bybit, ~$3.8B ATH valuation). Previously co-founded Launchy, a crypto media platform reaching 20K+ builders and investors. BA in Mathematics & Statistics, LSE.
Steven Mulyawan
Founder/COO
Co-founder at Arbital. Led BD and partnerships at Aevo across Asia, personally building and owning relationships with major KOLs, agencies, and high-net-worth traders - the network we now tap directly to drive Arbital's growth. Onboarded 10,000+ traders during Aevo's scale from $1B to ~$100B in cumulative volume.
Vincent Owen Toniwan
Founder/CTO
Co-founder at Arbital. Built and ran the backend and market-making infrastructure that powered Aevo as it scaled from $1B to ~$100B in cumulative volume - driving latency down to <2ms at 100k events/s. Built Aevo Degen from scratch, one of the first exchanges offering up to 1,000x leverage. Previously led backend at N1 (terminal.trade) and MEV infrastructure at Bitwyre.
Founders, titles and bios as the company published them. Photographs are our own copies of the ones on that record, so they do not break when the original link expires.
One of 89 companies held here in Fintech › Consumer Finance.
No investor is drawn from a Form D — the form states how many invested and never who. The one investor on this graph is named because a batch has exactly one.
Want the whole picture on Arbital?
Example from a real report (our sample on Target): “In March 2026, Target announced a planned incremental $1 billion operating investment” Source: Target Corporation (press release)
A Full Report on Arbital: verified, sourced, every claim cited, ready in a few minutes. See pricing.
What the Full Report on Arbital covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
10 cited sources found
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