True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana

Description

True Markets raised $11 million in Series A funding and launched a mobile-first, noncustodial DeFi trading app on Solana, with backing from PayPal Ventures, Accomplice, RRE Ventures and others.

Authors

Will Canny

Publish date

May 20, 2025

Publisher

CoinDesk

Web archive URL

https://archive.is/X5aJp

Web URL

https://www.coindesk.com/business/2025/05/20/true-markets-raises-11m-in-series-a-launches-mobile-first-defi-trading-app-on-solana

Referenced by

True Markets raises $11M in Series A funding

Crypto news

News story

True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an $11 million Series A, bringing total funding to $20 million

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Founded by Coinbase (COIN) and Circle veterans Vishal Gupta and Patrick McCreary

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