the stablecoin native cryptocurrency exchange TrueX announced the completion of a $11 million Series A financing round, with Accomplice and RRE Ventures leading the investment, Reciprocal Ventures, Variant, and the payment giant PayPal participating, the new funds are intended to support external custodians such as Paxos Custody for asset protection, currently TrueX uses PayPal stablecoin PYUSD as its preferred trading token, Paxos provides third-party custody services to TrueX users, and its services are expected to first be open to U.S. institutions and some international institutions in certain regions.
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Stablecoin native cryptocurrency exchange TrueX completes $11 million Series A financing, led by Accomplice and others
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