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TrueX
Overview
Location
United States of America
Launched
2024
Subcategory
Fundraising Round
Seed
Valuation
--
Cumulative Amount
$9M
About TrueX
TrueX is a cutting-edge, non-custodial exchange for stablecoin trading, founded by Vishal Gupta, former head of markets at Coinbase, and Patrick McCreary, a former software engineer at the Nasdaq-listed crypto exchange, is the flagship product of True Markets. TrueX features a proprietary matching engine to efficiently match trading orders, secure segregation between execution of trades and asset custody, while promising seamless completion of transactions using stablecoins. Segregated execution means the exchange only facilitates trades. It does not control or hold the actual assets, which a regulated third-party custodian typically does.
Fundraising
Investors | Type | Location | Year Founded | # Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 1994 | 7 | [email protected] | ||
Fund | United States of America | 2017 | 20 | -- | ||
Corporate | -- | 2012 | 9 | -- | ||
Fund | United States of America | 2006 | 22 | [email protected] | ||
Fund | United States of America | 2017 | 78 | [email protected] | ||
Foundation | Switzerland | -- | 23 | -- | ||
Lab | Unknown | -- | 29 | -- |
Founders & Team
Patrick McCreary
Vishal Gupta