True Markets Launches Stablecoin-Native Trading App Raising $11M in Series A Funding

True Markets announced that it has raised $11 million in Series A funding, bringing its total funding to $20 million. By Cointelegraph.

True Markets, a startup focused on making advanced trading accessible to a broader audience, announced today, the full Series A round of funding and the launch of its flagship app.

True Markets is launching exclusively on Solana and combines institutional-grade tools with an experience designed for retail users. The app enables faster, safer and seamless on-chain token trading by embedding stablecoin settlement at its core and separating execution from custody.

The company is launching the app with support from top Solana assets and will be adding 24/7 global access to both CeFi and DeFi markets, with settlement available across a range of regulated stablecoins and ecosystems.

Along with the launch of the app, True Markets also announced that it has raised $11 million in a Series A1 funding round, bringing its total funding to $20 million. The round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant, and PayPal Ventures. Paxos Ventures and the Solana Foundation, seed investors, continue to support the company.

True Markets was founded by Vishal Gupta and Patrick McCreary, veterans of Coinbase, Goldman Sachs, and Circle, who have helped develop some of the most trusted trading infrastructure in crypto. Gupta, previously at Circle and Coinbase, has experience launching and scaling financial products and services. At Circle, he led the launch and growth of USDC, one of the world’s leading stablecoins. At Coinbase, he served as Head of Exchange, expanding asset coverage and launching two derivatives exchanges.

McCreary, a senior engineering leader at Coinbase, played a major role in architecting Coinbase’s International Exchange and spearheading the development of critical exchange infrastructure. They are joined by a hand-picked team of Coinbase and MoneyLion alumni, combining deep expertise in exchange architecture, stablecoin infrastructure, and user-first product design.

True Markets is also becoming a great way to discover and trade top cryptocurrencies, launching with a focus on superior execution, transparent pricing, and secure access. Here’s a closer look at some of the standout features:

1. Real-time Market Sparklines - Get an immediate visual sense of market momentum, volatility, and price behavior with real-time visualization of assets’ price movements.

2. Seamless Custody - Easily fund and trade with readily available hosted wallets powered by Turnkey. Their cutting-edge technology ensures best-in-class security for managing private keys, enabling the platform to process transactions and perform actions on-chain without needing to hold users’ funds. This integration is a testament to True Markets' commitment to non-custodial principles.

3. Enhanced Execution - True Markets is powered by Definitive to provide superior price execution through automatic routing across leading decentralized venues. This capability, combined with gasless trading, allows the platform to offer a seamless, low-cost experience, which is seamlessly integrated into the sleek mobile app.

In the coming months, True Markets will expand its platform to support a broader range of assets across both CeFi and DeFi ecosystems. The company also plans to integrate TrueX, its own high-performance, institutional-grade centralized exchange, offering deeper liquidity, regulatory-grade compliance, and the safety of qualified custody, all within a seamless mobile experience.

“We built True Markets to evolve beyond the current state of both traditional and crypto finance. Retail traders have been stuck with clunky workflows, unclear pricing, and fragmented liquidity,” said Vishal Gupta, Co-Founder and CEO of True Markets. “Our goal is to deliver a fairer and more transparent experience that makes asset discovery simple, shows real-time market momentum, and feels as intuitive as the best apps on your phone. Stablecoin-native settlement gives users more choice in how they onramp and trade, while our non-custodial design ensures True Markets never takes possession of user assets, creating a safer, more trustworthy system. It’s about giving users more control, more access, and less risk.”

“Security and simplicity are often at odds in crypto, but True Markets bridges that gap elegantly,” said Bryce Ferguson of Turnkey. “By integrating Turnkey’s secure key infrastructure, they’ve created a platform where users can trade confidently, without ever compromising on control or convenience. We’re proud to support a team that’s pushing the boundaries of what’s possible in decentralized finance.”

“Retail traders deserve the same quality of execution as the pros,” said Jai Prasad of Definitive. “By powering True Markets, we’re enabling smart order routing that delivers the best possible prices to everyday users, automatically and without hassle. It’s a major step forward in making DeFi truly accessible, intuitive, and competitive for all.”