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News by FinTech Collective Archive

TrustToken raises $12.5m in new funding

Sarah Wolter

August 5, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

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San Francisco based operator of decentralized finance lending protocol TrueFi and stablecoin TUSD raised $12.5m in new funding led by BlockTower Capital, a16z and Alameda Research.

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“We’re looking to use this funding both to help us scale the protocol, size of that existing market, but also help us to branch into new markets,” TrustToken’s co-founder and CEO, Rafael Cosman, told CoinDesk.

https://www.coindesk.com/a16z-blocktower-alameda-back-12-5m-round-for-trusttoken

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More posts by Sarah Wolter

Klarna to launch credit card offering in the US “over the next few months”

Klarna to launch credit card offering in the US “over the next few months”

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Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

Coincover unveils ‘protected co-signing’ for crypto transactions to prevent fraud and hacks

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Public acquires Stocktwits trading accounts

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Centrifuge raises $15m in Series A funding for institutional DeFi adoption

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