Rails

Rails

Private
Cayman IslandsCrypto & Web3https://rails.xyz

Last Round

Early Funding

Jun 5, 2025

Total Funding Raised

$20.2M

Momentum Score

100 /100

Company Overview

Rails is a self-custodial crypto perpetuals exchange that combines a centralized order book for high-speed trade execution with on-chain custody of user funds via audited smart contracts. The platform aims to provide a secure and efficient trading experience by utilizing zero-knowledge proofs to ensure user privacy and fund safety without sacrificing performance. Founded in 2023, the company raised $6.2 million in a seed round in March 2024 to address the market gap left by the collapse of FTX, focusing on trader confidence through self-custody. Rails is registered with CIMA in the Cayman Islands and requires users to complete KYC/KYB verification.

Sector

Crypto & Web3

Verticals

Blockchain Infrastructure, DeFi, RegTech, Platform-as-a-Service

Business Model

B2B

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Non-AI

Keywords

crypto derivatives infrastructuretrading-as-a-servicecrypto trading APIregulated crypto derivativesperpetual contractscrypto perpswhite-label crypto tradingoptions tradingon-chain custodylow-latency matching engineinstitutional tradingon-chain settlementinfrastructure-as-a-serviceIaaS

Historical Pricing

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Caplight Momentum Score

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Rails Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Rails Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingJun 5, 2025
SeedMar 21, 2024

Rails Investors

Notable investors and investment history

InvestorRounds
Slow VenturesEarly Funding, Seed
CMCC GlobalEarly Funding, Seed
Round13 CapitalEarly Funding, Seed

Rails Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Rails Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Rails's valuation, stock price, and market status.

Firmographic Details

HeadquartersCayman Islands
Employee Range20
Year Founded2023
Last FundingJun 5, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.