Stormrake
Stormrake is a Melbourne-based digital asset brokerage founded in 2019 providing cryptocurrency trading, cold-storage custody, and a managed fund to retail, HNW, SMSF, institutional, and wholesale clients via a dedicated-broker model and AUSTRAC registration.
- Company typePrivate
- Founded2019
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Stormrake does
Stormrake is an Australian digital asset brokerage founded in 2019 and headquartered in Melbourne, offering brokerage execution, enterprise-grade custody, and managed fund products to retail investors, high-net-worth individuals, self-managed super funds (SMSFs), institutional clients, and wholesale investors. The company operates a dedicated-broker distribution model in which each client is assigned a named broker available 365 days per year, supported by a web-based Client Portal at app.stormrake.com for account access and trade execution. Core technology centres on a Brokerage Solution that aggregates pricing across multiple exchanges and trading partners for best execution, a Custody Solution using geographically dispersed cold storage with controlled-access operational protocols, and a Travel Rule compliance infrastructure integrating with the Australian Government's Document Verification Service for KYC.
The product suite includes the Stormrake Cumulus Class fund, a discretionary digital asset fund for wholesale and sophisticated investors meeting Section 761GA Corporations Act thresholds, with a $50,000 AUD minimum, a 2% management fee, and a 20% performance fee subject to a 10% hurdle and high watermark. The firm also publishes market-insight content (The Rake Review, Thunder Trading Update, The Morning Note) and operates a public bug bounty program with CVSS-tiered rewards on the client portal. Revenue mechanics are diversified across per-transaction brokerage fees, daily-accruing custody fees, and fund management/performance fees, with the firm also accepting inbound referrals through a partner network spanning banking, crypto tax, legal, compliance, and financial services.
Stormrake Pty Ltd (ACN 630 754 826) is registered with AUSTRAC as a Virtual Asset Service Provider (DCE100631789-001), and the related entity Stormrake IA Pty Ltd supports US operations under GLBA and COPPA compliance frameworks. As of 2026 the firm serves more than 10,000 clients (a doubling over the prior year) and has expanded into all 51 US jurisdictions via a backend partnership with ZeroHash, under which Stormrake IA Pty Ltd acts as introducer and distributor while ZeroHash LLC provides custody and transaction services for US residents. The company remains privately held and founder-controlled, with no disclosed external funding rounds.
Stormrake firmographics
Firmographics- Name
- Stormrake
- Legal name
- Stormrake Pty Ltd
- Website
- https://stormrake.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Stormrake is a Melbourne-based digital asset brokerage founded in 2019 providing cryptocurrency trading, cold-storage custody, and a managed fund to retail, HNW, SMSF, institutional, and wholesale clients via a dedicated-broker model and AUSTRAC registration.
- Ownership category
- akta.pro rank
Stormrake industry classification
Industry- Product category
- Digital Asset Brokerage
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940), Commodity Contracts Intermediation (52316)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Prime Brokerage & Institutional Trading Services (FSAPADAF)
- akta.pro secondary industries
- Liquidity Aggregation & Smart Order Routing (FSADAJAD), Active Crypto Asset Managers (Discretionary) (FSADAHAA)
Keywords
Where Stormrake is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Stormrake business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Brokerage Fees: Each Transaction is subject to a Brokerage Fee communicated to clients upon account opening. The fee is charged per transaction executed on behalf of clients. Referral Partners may receive a percentage of the commission paid to Stormrake as a Brokerage Fee for Transactions under referred client accounts.
- Custody Fees: Custody Fee accrues in-kind on a daily basis and is charged prior to a sale, purchase, or transfer of Digital Assets, and also at the end of the financial year (30 June). There is a 14-day grace period during which no Custody Fee is charged. Applies only to clients contracting with Stormrake Pty Ltd, not to US residents.
- Fund Management Fees (Stormrake Cumulus Class): Stormrake Asset Management charges a 2% p.a. management fee and 20% performance fee with 10% p.a. hurdle and high watermark on the Cumulus Class digital asset fund. Minimum investment of $50,000 AUD.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Brokerage Fee - Per Transaction |
| Subscription | Pay-as-you-go | Custody Fee - Daily Accrual |
| Subscription | Annual | Cumulus Class Fund - Management Fee |
| Outcome Based/ Performance | Annual | Cumulus Class Fund - Performance Fee |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Stormrake product offering
Product offeringCore offering
Stormrake operates a dedicated-broker digital asset brokerage that enables clients to buy, sell, and swap cryptocurrencies at multi-exchange best-available pricing. The company provides enterprise-grade cold-storage custody with geographically dispersed safeguards and operates a managed digital asset fund (Stormrake Cumulus Class) for wholesale and sophisticated investors via Stormrake Asset Management.
Product overview
Stormrake is a digital asset brokerage and custody platform that provides a unified service for buying, selling, storing, and managing digital assets. The core offering consists of the Brokerage Solution for trading digital assets with best-price execution across multiple exchanges, and the Custody Solution using cold storage for secure asset holding. A separate division, Stormrake Asset Management, offers the Cumulus Class fund for wholesale and sophisticated investors. The Stormrake Client Portal provides account access, while Market Insights delivers educational content. The platform operates globally with AUSTRAC registration in Australia and a partnership with ZeroHash for US market services.
Differentiator
Problem solved
Functional benefit
Brands
- Stormrake Asset Management: Stormrake's asset management division offering the Stormrake Cumulus Class fund for wholesale and sophisticated investors.
- Stormrake Cumulus Class
Products and services
- Stormrake Brokerage Solution
Quantifiable outcome
- Client base doubled over past year to more than 10,000 clients
- +2 more outcomes
Companies that use Stormrake
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Stormrake technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature5 records
Stormrake partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ZeroHashcoreStormrake partnered with ZeroHash to expand its dedicated-broker model into the United States across all 51 US jurisdictions. ZeroHash provides cryptocurrency transaction and custody services for US clients. Stormrake IA Pty Ltd acts solely as an introducer and distributor, with ZeroHash LLC powering the actual custody and transaction services. US clients contract with Stormrake IA Pty Ltd while digital assets are held and custodied by ZeroHash LLC.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Stormrake competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Stormrake social profiles
Digital presenceStormrake compliance and trust
Trust signalCompliance3 records
Stormrake financial estimates
Financial estimateRevenue estimate
Valuation estimate
Stormrake leadership team
Management profileNumber of profiles
Profiles4 records
Stormrake subsidiaries and ownership
Company hierarchySubsidiaries1 record
Stormrake funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Stormrake 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 Stormrake
What does Stormrake do?
Stormrake operates a dedicated-broker digital asset brokerage that enables clients to buy, sell, and swap cryptocurrencies at multi-exchange best-available pricing. The company provides enterprise-grade cold-storage custody with geographically dispersed safeguards and operates a managed digital asset fund (Stormrake Cumulus Class) for wholesale and sophisticated investors via Stormrake Asset Management.
Is Stormrake a public or private company?
Stormrake is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Stormrake founded?
Stormrake was founded in 2019. It employs 11 to 50 people.
Where is Stormrake based?
Stormrake is headquartered in Melbourne, Australia, in the Oceania region.
How does Stormrake make money?
Three revenue lines are on record. Brokerage Fees are the primary driver. The others are custody Fees and fund Management Fees (Stormrake Cumulus Class).
Does Stormrake have an API?
No public API is recorded for Stormrake.
What industry is Stormrake in?
Stormrake's product category is Digital Asset Brokerage. Its primary akta.pro industry code is FSAPADAF, Prime Brokerage & Institutional Trading Services, with a secondary code of FSADAJAD, Liquidity Aggregation & Smart Order Routing. Its NAICS code is 523 and its SIC code is 6200.