Crypto trading platform True Markets raises $11 million in Series A funding, led by PayPal Ventures and Variant According to Fortune, the cryptocurrency trading platform True Markets announced the completion of a $11 million Series A funding round, led by PayPal Ventures and Variant, with existing investors such as RRE Ventures and Recurrent Ventures following suit. The company was co founded by Vishal Gupta and Patrick McCreary, former employees of Goldman Sachs and Coinbase, and will launch the Solana on chain trading application for retail investors this week. TrueX, the core trading system of True Markets, adopts an unmanaged mode and manages assets through Paxos. Currently, it supports spot trading of Bitcoin, Ethereum, and Solana. The newly launched mobile application will first support Solana ecosystem token trading, with plans to gradually expand to other mainstream cryptocurrencies during the summer. The platform will review and list new tokens on a weekly basis, while also indicating risk warnings such as ownership concentration. True Markets aims to attract new and existing users by optimizing trading speed, fees, and interface design. The company currently has 10 full-time employees and plans to achieve competitive advantages in terms of price, speed, and experience by the end of summer. Previously, in the fall of 2024, the company received a seed round financing of $9 million.