Woofun AI reports that Trasia Labs has raised $35 million, including a $1.75 million seed round led by Multicoin Capital. The funds will support the launch of web and mobile applications and the introduction of cash-settled perpetual contracts for Asian securities on Hyperliquid's HIP-3 market. Trasia, an Asia-first non-custodial platform, has officially launched its web interface supporting Chinese and English, with a mobile app expected this summer. The platform aims to provide familiar trading experiences for Eastern traders while adhering to reference-price-only mechanisms for underlying assets.