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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:
CoindeskEN
Published:
2025-05-20 14:00:00
13
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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 probably sweating into its bespoke suits. True Markets vaults into the Solana ecosystem with a mobile-first trading app, fresh off an $11 million funding round.

Why it matters: Lightning-fast swaps meet on-the-go access, cutting through Ethereum’s congestion like a hot knife through institutional-grade butter. The Series A cash injection signals investor confidence in Solana’s scalability for retail DeFi.

The kicker: While TradFi brokers nickel-and-dime users with ’platform fees,’ True’s app launches with zero trading commissions—because in crypto, the only middlemen getting rich should be the ones writing the smart contracts.

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