SOMA.finance
SOMA.finance operates a FINRA-licensed hybrid decentralized exchange enabling compliant 24/7 trading of 1:1-backed tokenized US equities, ETFs, and crypto with SIPC insurance. It serves US and global retail investors and institutional clients (banks, hedge funds, family offices, RIAs) through affiliate broker-dealer Tritaurian Capital.
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What SOMA.finance does
SOMA.finance is a FINRA-licensed decentralized exchange and compliant tokenization platform founded in 2021 as a joint venture between MANTRA DAO and Tritaurian Holdings. The platform operates through its affiliate Tritaurian Capital (FINRA member #45500, SEC-registered, SIPC member, registered transfer agent), which holds unique regulatory approvals allowing SOMA to legally serve US retail investors with tokenized securities — a capacity most competing tokenized equity platforms (xStocks, Ondo Global Markets, Robinhood Tokenized, Coinbase) do not possess. SOMA.finance serves institutional clients (banks, hedge funds, family offices, RIAs) alongside US and global retail and accredited investors, employing a hybrid go-to-market that combines self-serve onboarding with a dedicated institutional sales team.
The platform's core products are SOMAswap (a 24/7 AMM-based DEX for trading 1:1-backed tokenized US equities, ETFs, and cryptocurrencies with SIPC insurance up to $500,000 per account), SOMAearn (KYC/AML-compliant staking pools for yield on digital assets), and SOMAstarter (compliant security token issuance under Reg CF, Reg D, Reg S, and Reg A/A+ frameworks with FINRA-licensed due diligence). The technology architecture combines non-custodial on-chain wallets and transparent AMM execution with regulated custody and transfer-agent operations through Tritaurian Capital and Tritaurian Transfer, Inc. The SOMA Token (fixed supply of 88,888,888) layers in token economics — dividends of 10–20% of platform profits paid in stablecoins, staking rewards, yield farming, and buybacks.
Revenue is generated through trading/swap fees on SOMAswap (typical DEX fee band of 0.3%–0.5%), structuring and listing fees for security token offerings via SOMAstarter, yield-pool performance and withdrawal fees on SOMAearn, and token-based dividend distributions. The company raised a $6.5 million seed round in January 2022 led by Animoca Brands (with participation from Griffin Gaming Partners, GSR, Kenetic, Gate Ventures, and others), followed by a $204,413 financing tranche in January 2024. Full operational launch was completed in February 2026 following Tritaurian's receipt of all required licensure, marking the platform's transition from a regulatory build phase to active revenue generation.
SOMA.finance firmographics
Firmographics- Name
- SOMA.finance
- Legal name
- SOMA Finance, Incorporated
- Website
- https://soma.finance
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SOMA.finance operates a FINRA-licensed hybrid decentralized exchange enabling compliant 24/7 trading of 1:1-backed tokenized US equities, ETFs, and crypto with SIPC insurance. It serves US and global retail investors and institutional clients (banks, hedge funds, family offices, RIAs) through affiliate broker-dealer Tritaurian Capital.
- Ownership category
- akta.pro rank
SOMA.finance industry classification
Industry- Product category
- Decentralized Exchange / Tokenized Securities Platform
- NAICS
- Securities and Commodity Exchanges (5232), Other Financial Vehicles (52599)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Liquidity Management & Market-Making Protocols (FSADAMAH)
- akta.pro secondary industries
- Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG), Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG)
Keywords
Where SOMA.finance is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SOMA.finance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Trading/Swap Fees: Fees generated from trading tokenized equities, crypto, and other digital assets on the platform through SOMAswap. AMM liquidity providers earn trading fees.
- Security Token Offering Fees: Fees from listing and structuring security token offerings through SOMA Starter under Reg CF, Reg D, Reg S, and Reg A/A+ frameworks. Covers legal structuring, smart contract deployment, and compliance support.
- Earn Pool Fees: Yield generation fees from regulated earn pools where users stake digital assets. Pool performance fees and withdrawal-related charges.
- SOMA Token Economics: Dividends (10-20% of platform profits paid in stablecoins), staking rewards, yield farming, and token buybacks from platform profits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Token-based dividend distribution |
| Other | Pay-as-you-go | SIPC Protection Coverage |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
SOMA.finance product offering
Product offeringCore offering
SOMA.finance operates a FINRA-licensed decentralized exchange (DEX) for trading tokenized US equities, ETFs, cryptocurrencies, and other digital assets 24/7. Through its affiliate Tritaurian Capital (FINRA #45500, SIPC member), it offers 1:1 asset-backed tokenized securities, regulated earn/yield pools, and compliant security token issuance under Reg CF, Reg D, Reg S, and Reg A/A+ frameworks. The platform combines DeFi AMM technology with TradFi investor protections and serves both US/global retail and accredited investors as well as institutional clients.
Product overview
SOMA.finance is a unified platform offering tokenized securities trading and decentralized finance services. The core product SOMAswap enables 24/7 trading of tokenized US equities and crypto, supported by SOMAearn for regulated yield products and SOMAstarter for compliant security token issuances. The platform is powered by the SOMA Token for staking and governance. Additional resources include a Markets tracker and Learning Hub for investor education.
Differentiator
Problem solved
Functional benefit
Brands
- SOMAswap: A decentralized exchange for trading tokenized US stocks 24/7 on a FINRA-licensed marketplace
- SOMAearn
- SOMAstarter
Products and services
- SOMAswap A FINRA-licensed decentralized exchange enabling 24/7 trading of tokenized US equities, government and private securities, and cryptocurrencies. Supports both US and global retail and accredited investors with 1:1 asset backing and SIPC insurance.
- SOMAearn A regulated earn pools feature allowing verified investors to earn yield on digital assets through KYC/AML-compliant staking pools with real-time performance tracking.
- SOMAstarter A compliant security token issuance platform connecting investors and issuers through Reg CF, Reg D, Reg S, and Reg A/A+ offerings with FINRA due diligence by Tritaurian Capital.
- SOMA Token A compliant digital token providing holders access to SOMA.finance growth through preferred equity-style economics including potential dividends (10-20% of platform profits), staking income, and yield-farming rewards. Total supply of 88,888,888 tokens.
Quantifiable outcome
- 256.7% RWA market growth from January 2025 to March 2026
- +3 more outcomes
Companies that use SOMA.finance
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
SOMA.finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature8 records
SOMA.finance partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- MANTRA DAOcoreJoint venture partner in founding SOMA Finance. MANTRA DAO contributed blockchain expertise and DeFi infrastructure to the partnership.
- Tritaurian HoldingscoreJoint venture partner in founding SOMA Finance. Tritaurian Holdings contributed regulatory and financial services expertise, establishing the path to FINRA licensure.
- Tritaurian Capital (Tritaurian Transfer, Inc.)coreSEC-registered, FINRA member broker-dealer and licensed transfer agent providing the regulatory infrastructure for SOMA.finance. Operates the regulated custody, KYC/AML compliance, and securities issuance under FINRA supervision.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
SOMA.finance competitors and assessment
Company assessmentDirect peers
- Ondo Finance: Operates tokenized US stocks and treasuries on-chain (Ondo Global Markets), targeting both retail and institutional investors. Most directly comparable to SOMA in product offering and customer base, with significantly more capital and broader tokenized treasury offerings.
- Backed Finance: Issues and lists tokenized equities and ETFs on-chain (backed by actual underlying securities held by custodians). Directly comparable to SOMA's SOMAswap and SOMA Starter products, though based in Switzerland and serving non-US retail.
- Kraken (xStocks): Launched xStocks tokenized equities via Kraken's crypto exchange. Named by SOMA as a direct competitor; lacks FINRA broker-dealer licensure to serve US retail in the same way SOMA does.
- Securitize: Leading security token issuance and tokenization platform used by enterprises and funds. Overlaps with SOMA Starter on the issuance side, with established institutional relationships and broader regulatory footprint.
- tZERO: Security token exchange and ATS operated by Medici Ventures. Historically a leading venue for compliant security token trading, comparable to SOMA's regulated broker-dealer DEX positioning.
- Polymath: Security token issuance platform with built-in compliance features for tokenizing regulated securities. Overlaps with SOMA Starter on the issuance infrastructure and regulatory tooling side.
Broad incumbents
- Robinhood: Large US retail broker with extensive broker-dealer infrastructure; named by SOMA as a tokenized equity competitor. Has the user base and regulatory licenses to dominate the space if it executes, but its tokenization offering is still nascent.
- Coinbase: Largest US crypto exchange with extensive broker-dealer and regulatory infrastructure; exploring tokenized equities and broader RWA offerings. A potential major competitor as it extends into SOMA's niche.
- Uniswap: Largest decentralized exchange by volume and the dominant AMM protocol. While not focused on regulated securities, Uniswap sets the liquidity, UX, and pricing benchmark that SOMA's SOMAswap competes against on-chain.
Emerging players
- Dinari: Tokenized US stock platform targeting both retail and institutional markets with broker-dealer infrastructure. Comparable to SOMA in product offering and US retail access angle, though at an earlier stage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SOMA.finance social profiles
Digital presenceSOMA.finance compliance and trust
Trust signalCompliance5 records
SOMA.finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
SOMA.finance leadership team
Management profileNumber of profiles
Profiles6 records
SOMA.finance funding detail
Funding detailFunding overview
Funding rounds2 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SOMA.finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SOMA.finance
What does SOMA.finance do?
SOMA.finance operates a FINRA-licensed decentralized exchange (DEX) for trading tokenized US equities, ETFs, cryptocurrencies, and other digital assets 24/7. Through its affiliate Tritaurian Capital (FINRA #45500, SIPC member), it offers 1:1 asset-backed tokenized securities, regulated earn/yield pools, and compliant security token issuance under Reg CF, Reg D, Reg S, and Reg A/A+ frameworks. The platform combines DeFi AMM technology with TradFi investor protections and serves both US/global retail and accredited investors as well as institutional clients.
Is SOMA.finance a public or private company?
SOMA.finance is a private company. It is classified as venture growth investor backed and is currently operating.
When was SOMA.finance founded?
SOMA.finance was founded in 2021. It employs 1 to 10 people.
Where is SOMA.finance based?
SOMA.finance is headquartered in New York, United States, in the North America region.
How does SOMA.finance make money?
Four revenue lines are on record. Trading/Swap Fees are the primary driver. The others are security Token Offering Fees, earn Pool Fees and SOMA Token Economics.
Who are SOMA.finance's main competitors?
Direct peers on record are Ondo Finance, Backed Finance, Kraken (xStocks), Securitize, tZERO and Polymath. Broad incumbents are Robinhood, Coinbase and Uniswap. Dinari is listed as an emerging player.
Does SOMA.finance have an API?
No public API is recorded for SOMA.finance.
What industry is SOMA.finance in?
SOMA.finance's product category is Decentralized Exchange / Tokenized Securities Platform. Its primary akta.pro industry code is FSADAMAH, Liquidity Management & Market-Making Protocols, with a secondary code of FSAPAEAG, Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield). Its NAICS code is 5232 and its SIC code is 6200.