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

True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an $11 million Series A, bringing total funding to $20 million, the company said in a press release Tuesday.The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund, and PayPal Ventures.Seed investors Paxos Ventures and the Solana Foundation, continue to support the firm, True Markets said.Founded by Coinbase (COIN) and Circle veterans Vishal Gupta and Patrick McCreary, New York-based True Markets aims to deliver a non-custodial, mobile-first DeFi trading experience for retail users, prioritizing speed, simplicity, and transparency source: https://www.coindesk.com/business/2025/05/20/true-markets-raises-11m-in-series-a-launches-mobile-first-defi-trading-app-on-solana