logo
logo

True Markets raises $11 million to launch a new Solana-focused crypto trading app.

May 20, 20252 months ago

Amount Raised

$11 Million

New YorkCryptocurrencyBlockchain

Description

True Markets has successfully raised $11 million in funding. The investment will be used to enhance their offerings with a new Solana-focused crypto trading app. This launch aims to attract more users in the growing cryptocurrency market. Details regarding lead investors were not disclosed.

Company Information

Company

True Markets

Location

New York, New York, United States

About

True Markets is a non-custodial, stablecoin-native DeFi trading mobile app available on Apple’s App Store. The app, which is launching exclusively on Solana, combines institutional-grade tools with an experience designed for retail users. It enables on-chain token trading by embedding stablecoin settlement at its core and separating execution from custody. As a non-custodial platform, it never holds client assets directly, eliminating a key risk vector and ensuring users retain full control of their funds at all times.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech