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True Markets Secures $11M Series A, Drops Solana-Powered DeFi App for Mobile Traders

True Markets Secures $11M Series A, Drops Solana-Powered DeFi App for Mobile Traders

Author:
Coindesk
Published:
2025-05-20 14:00:00
14
3

True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana

DeFi just got a speed upgrade—and Wall Street’s got another reason to sweat. True Markets vaults into the mobile-first future with its Solana-based trading app, backed by fresh $11M funding.

Why it matters: Lightning-fast swaps meet pocket-sized convenience. Solana’s low fees and high throughput make this a potential game-changer for retail traders tired of Ethereum’s gas-price roulette.

The cynical take: Because what finance really needed was another app to separate millennials from their paychecks—this time with 100% more blockchain.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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