True Markets raised $9 million in seed funding to launch TrueX, a stablecoin-native trading platform, with investment from RRE Ventures and others.
True Markets raised $9 million in seed funding to launch TrueX, a stablecoin-native trading platform, with investment from RRE Ventures and others.
09/18/24, 12:31 PM
Location
new yorkMoney raised
$9 million
Industry
cryptocurrency
blockchain
Round Type
seed
Investors
Aptos, Solana Foundation, Hack Vc, Accomplice Blockchain, Paxos, Reciprocal Ventures, Rre Ventures
True Markets has launched TrueX, a stablecoin-native exchange, after securing $9 million in seed funding. The platform aims to offer innovative trading technology and liquidity services globally.
Company Info
Location
new york, new york, united states
Additional Info
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.