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TrueX
TrueX is a digital asset trading platform operated by True Markets, designed for modern traders. It is the flagship product of True Markets, offering markets and liquidity as a service globally. As a non-custodial, stablecoin-native exchange, it enables users to trade cryptocurrencies like bitcoin and ether. User assets are held in a separate third-party custodial account, with the exchange facilitating the matching and settlement of trades.
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Description
TrueX, operated by True Markets Limited, provides a digital asset trading platform called TrueX Exchange. It offers robust liquidity, cutting-edge APIs, and security to enhance trading performance. A key feature is its non-custodial model, where user assets are protected in a dedicated Third Party Custodial Account with an external qualified custodian, not held by the exchange itself. The platform is a stablecoin-native crypto spot exchange. To use the service, individuals must create a TM Client Account and undergo KYC/AML verification. TrueX Exchange acts as a matching engine for spot trades, with transactions recorded and settled within the user's custodial account. The platform emphasizes that it does not provide brokerage, advisory, or fiduciary services. True Markets Limited, the parent company, is a financial technology firm led by a team with significant achievements in the space.Grant Funding
VC Funding
None
2024
2025
$0
$20M