True Markets has secured $11 million in Series A funding, co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant, PayPal Ventures, and existing seed investors Paxos Ventures and the Solana Foundation. This brings the company’s total funding to $20 million. Alongside the raise, True Markets launched its mobile-first, stablecoin-native DeFi trading app on the Solana blockchain, now available on the Apple App Store.
Key Features of True Markets
- Non-Custodial Design: Users retain full control of their assets, eliminating counterparty risk.
- Stablecoin-Native Settlement: Supports seamless trading with embedded stablecoin settlement, enabling faster and safer transactions.
- Solana Integration: Offers low-cost, high-speed access to top Solana-native assets.
- Institutional-Grade Tools: Combines professional trading infrastructure with an intuitive retail-friendly interface.
Founders’ Vision
Co-founded by Vishal Gupta (ex-Coinbase, Circle) and Patrick McCreary (ex-Coinbase, Goldman Sachs), True Markets aims to bridge the gap between traditional finance and DeFi by simplifying asset discovery, execution transparency, and liquidity access.
"Retail traders deserve a fairer, more transparent experience that feels as intuitive as the best apps on their phones," said Vishal Gupta, CEO of True Markets.
Technology Partners
- Turnkey: Provides secure key management for embedded non-custodial wallets.
- Definitive: Powers smart order routing across decentralized venues for optimal execution.
👉 Explore True Markets’ innovative DeFi trading platform
Future Roadmap
- 24/7 Global Access: Expansion to CeFi and DeFi markets.
- TrueX Integration: A centralized exchange layer for deeper liquidity and compliance.
FAQ
Q: What makes True Markets different from other DeFi apps?
A: True Markets combines non-custodial security with stablecoin-native settlement and institutional-grade execution, all optimized for mobile.
Q: Which stablecoins are supported?
A: Initially, the platform supports regulated stablecoins like USDC, with plans to expand.
Q: Is True Markets available on Android?
A: Currently iOS-only, with Android support expected in late 2025.
👉 Learn more about Solana-based DeFi innovations
True Markets redefines retail trading in DeFi by prioritizing security, simplicity, and superior execution—making crypto markets accessible to all.