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Trust Machines

A studio building apps on Bitcoin

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RD Popularity Index

330.00% (24h)
0100200300400500
Project Rank: 2538/15394

RD Growth Index

4640.03% (24h)
0400800120016002000
Project Rank: 622/15394

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About Trust Machines

Trust Machines was founded by Stacks founder Muneeb Ali and Princeton professor JP Singh to build a Bitcoin-centric Web3 application ecosystem .

Key milestones:

  • In February 2022, it announced a $150M seed round, the largest for a Bitcoin-focused company at the time, with investors including DCG and USV .
  • It helped drive the Stacks Nakamoto upgrade and sBTC design, laying the foundation for Bitcoin L2 DeFi .
  • It incubated Granite, a borrower-centric Bitcoin DeFi liquidity protocol supporting non-custodial lending .
  • Its ecosystem projects include Zest Protocol, BitSafe, and Hermetica, covering lending, yield, and DeFi platforms .

These milestones reflect its long-term layout from infrastructure to application layers.

Updated: Sep 5, 2026

Co-founders: JP Singh and Muneeb Ali (Stacks founder, PhD in CS from Princeton, ex-CTO of Onename). Core executives: CEO Muneeb Ali; VP of Product & Operations Rena Shah (ex-Head of Exchange at Binance.US, former petroleum engineer at Chevron; oversees Leather Wallet, Locker identity, Granite Liquidity Protocol); Chief of Staff Gina Abrams. The team raised $150M to build a Bitcoin app ecosystem on Stacks, Lightning, etc.

Updated: Sep 5, 2026