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True Markets is a trading and settlement infrastructure for both centralized (CeFi) and decentralized (DeFi) markets. It offers unified APIs, SDKs, CLI, and MCP servers, supporting REST, WebSocket, and FIX protocols for market data, trading, wallets, and payments. The platform serves retail traders, trading firms, and white-label solutions, and enables AI agents to transact autonomously, aiming to streamline cross-border payments and asset transfers.
About True Markets
True Markets, founded in 2024 by Vishal Gupta and Patrick McCreary (ex-Coinbase, Circle, Goldman Sachs), launched its non-custodial, stablecoin-native trading platform TrueX. In fall 2024, it secured $9 million in seed funding. In May 2025, the company raised $11 million in Series A, co-led by PayPal Ventures and Variant, bringing total funding to $20 million, and released its retail mobile app on Apple's App Store, initially supporting Solana ecosystem tokens with weekly token reviews and risk warnings. In August 2025, True Markets launched the DeFi Gateway, a white-label solution enabling brokerages and fintech platforms to offer gasless, multichain access to onchain assets via its DeFi Execution Engine, powered by Turnkey for custody. These milestones highlight its evolution from a direct retail trading app to an infrastructure provider, expanding DeFi access for mainstream platforms.
In August 2026, True Markets completed an $11M Series A, bringing total funding to $20M, co-led by Accomplice and RRE Ventures with participation from Variant Fund and PayPal Ventures. Around the same time, it launched a Solana-based mobile DeFi trading app focused on non-custodial, stablecoin-native execution with gasless trading and smart order routing.
That same month, True Markets unveiled the DeFi Gateway, a white-label infrastructure for brokerages and fintech platforms, offering real-time access to onchain assets on Ethereum, Solana, Base and more, Turnkey-powered non-custodial wallets, USDC/PYUSD stablecoin settlement, and cross-chain smart routing.
Official roadmap: continue expanding into both CeFi and DeFi markets, with future integration of TrueX, a centralized exchange designed for institutional liquidity and qualified custody, while leveraging the DeFi Gateway to bring onchain assets to mainstream financial platforms.
Co-founders and key executives:
Vishal K. Gupta (Co-founder & CEO): Former Head of Exchange at Coinbase, Head of USDC at Circle, VP & Head of U.S. Listed Options at Goldman Sachs.
Patrick McCreary (Co-founder & CTO): Former Senior Staff Engineer at Coinbase, key architect of Coinbase International Exchange; held senior roles at Volant Execution and Goldman Sachs.
True Markets, a non-custodial, stablecoin-native exchange, recently welcomed Marisa McKnight as its Business Development (BD) lead in May 2026. With over 11 years of experience in crypto and finance, she previously served as Head of Product and Marketing, Japan at Liquid and founded Joba Network. Since joining, she has represented the company at industry events such as KBW and Token2049, driving partnership efforts. The team currently consists of about 15 employees, headquartered in New York.