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Trust Machines
A studio building apps on Bitcoin
Performances
RD Popularity Index
330.00% (24h)
0100200300400500
Project Rank: 2538/15394
RD Growth Index
4640.03% (24h)
0400800120016002000
Project Rank: 622/15394
Comparison
Investment
Z
Zest ProtocolA Bitcoin-ecosystem lending protocol on Stacks
XXverseNon-custodial Bitcoin wallet supporting Ordinals and Layer 2
RRyderNFC hardware wallet
aasignaMultisig smart wallet
HHermeticaBitcoin-native synthetic dollar protocol
BBitSafeInstitutional-grade Bitcoin DeFi infrastructure
AAlexBitcoin DeFi protocol built on Stacks
VVelarA comprehensive DeFi protocol
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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