A team of Coinbase-Alumni has collected $ 11 million to debut True Markets, a Stablecoin-Native Defi app that offers real-time performance and self-intersection on Solana.
True Markets, a newly-oriented non-guardian startup founded by former Coinbase executives Vishal Gupta and Patrick McCreary, has raised $ 11 million to bring its Stablecoin-Nativeive, Mobile-First Defi-app to iPhones to Iphones.
De Ronde was co-read by accomplices and RRE companies, with extra support from mutual companies, Variant Fund and PayPal Ventures, shared according to a press release with crypto.news.
Founded by former Coinbase executives Vishal Gupta, who served as head of the exchange, and Patrick McCreary, a senior engineering leader, makes True Markets possible to token-trade on chains with stablecoin settlement and a non-custodial setup. The app supports the top Solana-Native Activa in the launch, with plans to extend to centralized financing markets over time.
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“Retail traders are tied to clumsy workflows, unclear prices and fragmented liquidity. Our goal is to offer a fairer and more transparent experience that makes asset discovery easy, shows real-time market momentum and thus feels intuitively as the best apps on your phone.”
Vishal Gupta
The platform consists of real -time market sparklines, hosted portfolios supported by turnkey and smart order routing powered by definitive, according to the press release. With the financing, True Markets is planning to integrate his own centralized exchange of institutional quality, which offers a deeper liquidity in mobile experience.
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