Botanical

What Botanical does

Botanical is a U.S.-regulated perpetual futures trading platform operated by Bitnomial, Inc. and headquartered in Chicago, Illinois. The product is positioned as the only U.S.-based venue offering regulated perpetual futures, with futures accounts intermediated through Bitnomial Clearing, LLC — a CFTC-registered Futures Commission Merchant (FCM) and NFA member. The platform differentiates via physically settled crypto futures and options, transparent CFTC oversight, and direct onboarding for U.S. traders without the need for VPN workarounds that characterize offshore DeFi perpetual venues. It is distributed as a self-serve web app at app.botanical.finance, supported by digital marketing through the botanical.finance website, X (Twitter), and LinkedIn.

The company employs 59 people and operates as a private entity with no public ticker. Revenue is generated through transaction fees on perpetual futures trading routed through the Bitnomial exchange/clearing infrastructure; pricing is not publicly disclosed. The go-to-market is product-led growth: traders sign up directly via the app, with no documented enterprise sales motion, partnerships, or institutional customer base in the supplied data. Operating geographies are described primarily as the United States, though the app is positioned as globally accessible, and customer segmentation is horizontal — targeting U.S. cryptocurrency traders seeking a regulated alternative to DeFi perpetual futures complexity.

No funding rounds, M&A activity, leadership hires, patents, awards, integrations, APIs, or AI capabilities are disclosed in the source material. The company holds no independent technology certifications of its own; regulatory standing flows from the parent Bitnomial, Inc. and its affiliated clearing FCM. Inputs on headcount trends, transaction volume, and financials are absent, which limits confidence in any growth or revenue read.

Name

Botanical

Legal name

Bitnomial, Inc.

Website

https://botanical.finance

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Botanical, operated by Bitnomial, Inc., is a Chicago-based trading platform that lets U.S. cryptocurrency traders access CFTC-regulated, physically settled perpetual futures through a self-serve web app, with clearing provided by affiliated Bitnomial Clearing, LLC.

Ownership category

akta.pro rank

Product category

Crypto Derivatives Trading Platform

NAICS

Commodity Contracts Intermediation (523160), Commodity Contracts Intermediation (52316)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Perpetual Futures (Perps) Venues & Protocols (FSADAGAA)

akta.pro secondary industry

Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD)

Keywords

• Perpetual futures trading
• Crypto derivatives exchange
• Regulated futures platform
• CFTC-registered trading
• Physically settled futures

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Futures Trading Fees: Revenue generated from trading activity on the perpetual futures platform. Futures accounts are offered through Bitnomial Clearing, LLC, a CFTC-registered FCM and NFA member. The platform operates as a regulated derivatives exchange.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Botanical is a U.S.-based trading technology platform that provides retail and professional traders with access to regulated perpetual futures on a CFTC-regulated derivatives exchange. Futures accounts are offered through Bitnomial Clearing, LLC, a CFTC-registered Futures Commission Merchant (FCM) and NFA member, and the platform supports physically settled crypto futures and options as a compliant alternative to offshore DeFi perpetual futures venues.

Product overview

Botanical is a single unified trading technology platform offering regulated perpetual futures. The platform provides access to U.S. Perpetual Futures trading through its connection to Bitnomial Clearing, LLC, a CFTC-registered FCM and NFA member. Users access the platform via the Botanical App to trade physically settled crypto futures and options on a CFTC-regulated derivatives exchange.

Differentiator

Problem solved

Functional benefit

Products and services

• Botanical Platform A U.S.-based trading technology platform offering regulated perpetual futures trading through a CFTC-regulated derivatives exchange, enabling physically settled crypto futures and options for individual and professional cryptocurrency traders without the complexities of DeFi.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• BitMEX: Pioneer crypto derivatives exchange offering perpetual swaps and futures; competes for the same active crypto-derivatives trader segment that Botanical targets.
• Hyperliquid: Leading decentralized perpetuals venue with deep on-chain order books; competes head-to-head with Botanical on perpetual futures liquidity, UX, and trader mindshare.
• dYdX: Decentralized perpetual futures exchange operating globally; directly competes with Botanical for traders seeking leveraged crypto exposure, though on-chain rather than U.S.-CFTC regulated.
• GMX: Decentralized perpetual futures protocol on Arbitrum/Avalanche; directly comparable as a perpetual futures venue targeting active crypto traders globally.

Broad incumbents

• Bybit: Large offshore crypto derivatives exchange with deep perps liquidity; competes for the same trader base as Botanical, though not U.S.-regulated.
• Binance: Largest crypto exchange globally with the deepest perpetuals liquidity; represents the primary incumbent Botanical must differentiate against for U.S. trader share.
• Kraken: U.S.-based crypto exchange offering futures and margin trading; comparable regulated positioning targeting American crypto traders.
• Deribit: Dominant crypto options and futures venue; directly overlaps with Botanical's options offering and serves the same institutional/professional derivatives audience.
• Coinbase: U.S.-regulated retail crypto exchange with growing derivatives product line; comparable as a U.S.-focused regulated venue competing for American traders' market share.
• OKX: Major global crypto exchange offering perpetual futures, options, and spot; overlapping product set with Botanical though operating offshore and serving a broader market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/botanical
• LinkedInlinkedin.com/company/botanical

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Botanical