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PREVIEW ●
ALPHA-7$142.30+18.4% QUANT-X$89.55+11.2% MOMENTUM-3$221.80−2.1% ARB-BOT$67.10+34.7% SECTOR-R$184.90+8.9% DELTA-F$312.40−1.4% NEURAL-1$55.20+22.3% MACRO-AI$167.00+6.5% ALPHA-7$142.30+18.4% QUANT-X$89.55+11.2% MOMENTUM-3$221.80−2.1% ARB-BOT$67.10+34.7% SECTOR-R$184.90+8.9% DELTA-F$312.40−1.4% NEURAL-1$55.20+22.3% MACRO-AI$167.00+6.5%
EARLY ACCESS — WAITLIST OPEN

The Exchange
for AI Trading
Agents

ASE is building a marketplace where AI trading agents are independently verified, listed, and owned like assets. Join the waitlist to be first in.

No spam. No credit card required.

ASE — ILLUSTRATIVE MARKETPLACE PREVIEW
AGENT30D RTNSHARPEAUM
Alpha-7
$ALPH
+18.4%
2.41
$2.3M
ARB-Bot Pro
$ARB
+34.7%
3.12
$890K
Sector Rotator
$SECT
+8.9%
1.87
$4.1M
Neural Macro
$NMAC
+22.3%
2.98
$1.6M
Delta Futures
$DELT
−1.4%
0.92
$5.2M
14
GAINERS
247
AGENTS
$18.4M
TOTAL AUM
+12.6%
AVG 30D

Illustrative only. Not indicative of future performance.

AI-native architecture
Compliance-first approach
Independent performance verification
Open SDK for builders
Fractional ownership model
THE PROCESS

How ASE works

A transparent marketplace connecting agent builders, investors, and the market — with independent verification at every step.

01
BUILD

Submit Your Agent

Developers submit AI trading agents to ASE. Each agent goes through a structured evaluation — backtesting, live paper-trading, and independent third-party audit — before any listing. No self-reported performance. No retrofitted results.

02
TRADE

Acquire a Stake

Once listed, investors may acquire equity stakes in an agent's future returns — analogous to buying shares in a company. Every agent has a transparent track record, a risk profile, and fully disclosed terms before any investment is made.

03
EARN

Share in Returns

When an agent generates returns, they flow to equity holders according to the terms set at listing. Developers earn a performance-based share. Investors receive the remainder. All terms are disclosed upfront. All investments involve risk.

PLATFORM CAPABILITIES

Infrastructure built for
intelligent finance

Designed from the ground up around auditability, compliance, and transparency.

Real-Time Performance Tracking

Sharpe ratios, maximum drawdown, and alpha vs. benchmark tracked continuously. Every trade on record. Every signal timestamped by a third party.

Compliance-First Design

KYC/AML at onboarding. Jurisdiction-aware access. We are actively engaging legal counsel on US securities law — compliance is architecture, not afterthought.

Fractional Ownership

Designed to allow partial stakes in listed agents, lowering barriers to participation. Minimum thresholds and eligibility requirements will be disclosed at launch.

Independent Strategy Audits

Every agent passes mandatory third-party evaluation against 10+ years of data. Retroactive optimization and data-snooping are explicitly screened and rejected.

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Open Agent SDK

Python and TypeScript SDK in development. Supports LLMs, reinforcement learning, and classical quantitative strategies. Submit agents without rebuilding your workflow.

Secondary Market

Planned secondary market for agent equity stakes. Liquidity is not guaranteed and will vary by agent. Full terms disclosed before any transaction is facilitated.

THE ASSET CLASS

AI agents as ownable assets

For the first time, the intelligence behind a trading strategy could be priced, owned, and transferred. When an agent outperforms, its equity reflects that — analogous to how a stock reflects a company's performance.

Each agent gets a unique identifier, ticker, and audited performance ledger
Track records independently verified — not self-reported by developers
Risk ratings and volatility metrics updated continuously
Return distribution terms set at listing and disclosed to all investors
All investments carry risk — disclosures provided before any transaction
Request Early Access
ARB-Bot Pro
Arbitrage / Multi-Asset
$ARB
+34.7%
Illustrative 30-day return
3.12
SHARPE
$890K
AUM
4.2%
MAX DD

Illustrative data only. Past performance does not predict future results.

WHO IT'S FOR

Built for three types of participant

FOR BUILDERS

AI Developers

You've built a trading strategy that performs. ASE gives you a structured path to list it, attract capital, and earn based on verified performance — without managing investors manually or raising through traditional channels.

ML ENGINEERS QUANTS RESEARCHERS
FOR INVESTORS

Individual Investors

Algorithmic strategies have historically been accessible only to institutions. ASE is designed to broaden access — with transparent disclosures and independent audits. Eligibility requirements apply. All investments carry risk.

SELF-DIRECTED DATA-DRIVEN
FOR INSTITUTIONS

Institutional Participants

Source and evaluate AI strategies with full data access and API integration. We are in early dialogue with institutional partners. Contact us to discuss how ASE could fit your process.

FAMILY OFFICES HEDGE FUNDS RIAs
QUESTIONS

What you should know

Transparency starts before you invest. Here are honest answers to the questions that matter most.

What is an AI trading agent on ASE?+
An AI trading agent is an autonomous program that makes financial trading decisions based on market data, machine learning models, or rule-based logic. On ASE, each agent undergoes independent verification before any equity is listed. Agents receive a unique identifier, a transparent performance record, and a risk profile — analogous to how a company is described in a securities disclosure. Investors can then acquire stakes in a listed agent's future returns, subject to eligibility requirements and disclosed terms.
What is ASE's regulatory status?+
ASE is currently in development and is not a registered broker-dealer, registered investment adviser, licensed exchange, or alternative trading system. We are actively working with legal counsel on applicable US federal and state securities law — including the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, California's Corporate Securities Law of 1968, and CFTC regulations where futures are involved. No investment transactions will be facilitated until appropriate registrations or exemptions are in place. Joining the waitlist is not an investment and confers no legal rights.
Are agent equity stakes likely to be securities?+
Almost certainly yes. Under the Howey test (SEC v. W.J. Howey Co., 1946), an instrument is a security if it involves: (1) an investment of money, (2) in a common enterprise, (3) with an expectation of profit, (4) derived predominantly from the efforts of others. Agent equity stakes as currently designed likely meet this standard. This means they may require SEC registration or an applicable exemption — such as Regulation D (accredited investors only) or Regulation CF (equity crowdfunding, broader access up to specified limits). We will communicate clearly what applies before any investment is solicited.
What are the risks I should understand before investing?+
Investing in AI trading agents involves significant risk, including possible loss of your entire investment. Key risks include: market risk — agents trade in volatile, unpredictable markets; model risk — AI models can fail outside the conditions they were trained on; liquidity risk — you may not be able to exit a position at a desired price or time; developer risk — a developer may cease operations or change strategy; platform risk — ASE is an early-stage company and may not succeed. Past performance does not predict future results. Only invest what you can afford to lose. Consult a qualified financial adviser before making any investment decision.
Will I need to be an accredited investor?+
This depends on the offering structure we adopt. Under Regulation D, only accredited investors — currently defined by the SEC as those with $200K+ annual income ($300K+ joint) or $1M+ net worth excluding primary residence, or certain professional credentials — may participate without full SEC registration. We are also evaluating Regulation CF (equity crowdfunding), which permits broader non-accredited participation up to annual investment limits. We will publish eligibility criteria clearly before any investment offering opens. Joining the waitlist requires no accreditation verification.
How is agent performance verified?+
Every agent submitted to ASE will go through: (1) historical backtesting reviewed for data-snooping bias, look-ahead bias, and survivorship bias; (2) a mandatory live paper-trading period with independently recorded results; and (3) third-party auditor sign-off. Self-reported numbers are not accepted. Agents with fraudulent or materially misleading performance records will be rejected or delisted. Developers who submit fraudulent data may face legal consequences under applicable securities law. The full verification methodology will be published before launch.
How are developers compensated?+
The exact compensation structure is still being finalized with legal counsel and will be disclosed in full at launch. The design intent is a performance-based share of agent returns. Specific percentages, calculation methodology, and payout mechanics will be set out in the agent listing agreement and disclosed to all prospective investors before any investment is made. We will not quote specific amounts until they are formally determined and legally reviewed.
What markets will agents trade?+
At launch we intend to support agents in US equities, major forex pairs, and crypto spot markets. Agents trading futures or derivatives may be subject to CFTC regulation as commodity pools, introducing additional compliance requirements. Each agent's permitted trading universe will be disclosed at listing. We will expand available markets as our regulatory and technical infrastructure matures.
Can I exit my investment?+
ASE plans to operate a secondary market where investors may sell agent equity stakes to other buyers. However, secondary market liquidity is not guaranteed for any specific agent at any specific time. Treat any investment as potentially illiquid, particularly in the early period. Lock-up periods and liquidity provisions will be disclosed at listing. Do not invest capital you may need access to in the short term.
What KYC/AML will be required?+
All users who invest or deploy agents will complete identity verification (KYC) and Anti-Money Laundering (AML) screening under the Bank Secrecy Act and applicable FinCEN regulations. This includes government-issued ID verification and may include proof of address and accredited investor documentation. Records are retained as required by law. Waitlist sign-up does not require KYC — that process begins only when the platform opens for transactions.
When is ASE launching?+
We are building the platform and working through the regulatory groundwork required to launch responsibly. We do not have a confirmed launch date. Early access members will be first to know and will receive priority access as features become available. We will not rush this — getting the compliance foundation right matters more than speed. For updates, you'll hear from us by email after joining the waitlist.
How can I reach ASE?+
Email us directly at founders@launchase.com for all inquiries — general questions, press, partnerships, institutional interest, or agent submission. We respond to all relevant messages. This is the best way to reach us.