The round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant, and PayPal Ventures. Paxos Ventures and the Solana Foundation, seed investors, continue to support the company. Alongside the raise, the company officially launched the True Markets app, a mobile-first, stablecoin-native DeFi trading experience now available on the Apple App Store.

True Markets is a non-custodial, stablecoin-native DeFi trading mobile app available on Apple's App Store. True Markets seeks to redefine the retail trading experience in DeFi by offering markets and liquidity as a service globally through reliable, innovative, and institutional-grade trading technology.