TrustToken
OverviewSuggest Edit
TrustToken is a technology company developing a platform to create asset-backed tokens. The company’s first asset token is TrueUSD, a stablecoin that can be exchanged 1-for-1 for US dollars.
| Type | Private | |
| Founded | 2017 | |
| HQ | San Francisco, CA, US | Map |
| Website | trusttoken.com |
Latest Updates
| Employees (est.) (May 2021) | 34 | (-2%) |
| Cybersecurity rating | B | More |
Key People/Management at TrustToken
Rafael Cosman
Co-Founder & CEO
Alex de Lorraine
COO & Sr. Director, Finance
Tom Shields
Chairman of the Board
TrustToken Office Locations
TrustToken has an office in San Francisco
San Francisco, CA, US (HQ)
San Francisco
TrustToken Financials and Metrics
Summary Metrics
Founding Date | 2017 |
TrustToken total Funding | $21.7 m |
Time since last funding | 3 years ago |
TrustToken investors | GGV Capital, Founders Fund, Foundation Capital, Andreessen Horowitz, Slow Ventures, Signia Venture Partners, Jump Capital, ZhenFund, StartX, FJ Labs, DHVC (Danhua Capital), James Sowers, Alumni Ventures Group, 8 Decimal Capital, Blocktower Capital, AVG Blockchain Fund, Visary Capital |
TrustToken Cybersecurity Score
TrustToken Online and Social Media Presence
24.06k Twitter followers
TrustToken has 24.06k Twitter Followers. The number of followers has increased 6.2% month over month and increased 25.5% quarter over quarter
TrustToken's Trends
Twitter Engagement Stats for @TrustToken
2.7k
Tweets
2.9k
Following
24.1k
Followers
99
Tweets last 30 days
14.3
Avg. likes per Tweet
79.8%
Tweets with engagement
TrustToken News and Updates
December 10, 2020
TrustToken launches uncollateralised lending platform
TrustToken, known as makers of the world’s most transparent stablecoins including TUSD, launches TrueFi, the decentralized protocol for uncollateralized lending, hitting $35 million in total value locked within 24 hours of going live.
November 11, 2020
TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin
The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.
April 24, 2019
TrustToken Launches AUD-Backed Stablecoin With 3 More to Follow
TrustToken has launched a stablecoin backed by the Australian dollar, with three for CAD, HKD and euros to follow soon.
April 02, 2019
A16z-Backed TrustToken Launches Stablecoin Pegged to UK Pound
Cryptocurrency startup TrustToken has launched its second stablecoin – and this time it's a token pegged 1:1 to the British pound.
TrustToken Blogs
April 20, 2021
Mitigating Risk & TrueFi’s Loan Default Process
What happens in the event of a loan default on TrueFi?All investments carry risk. The best investments typically offer the highest returns at the lowest possible, best understood risks. In the case of crypto investing, certain risks are common across every DeFi protocol, and others are unique to eac…
March 12, 2021
TrueFi Integrates Chainlink Price Feeds to Further Secure Zero-Collateral TUSD Loans
First Use Case: Protecting TUSD Lenders and TRU Stakers From Outsized LossesLaunched in November 2020, TrueFi has now served almost $100m of zero-collateral TUSD loans to leading firms like Alameda Research, Wintermute Trading, and Invictus Capital, accomplishing a 100% repayment rate. While we have…
March 11, 2021
Introduction to the TrueFi Platform Tokens
Wondering which tokens TrueFi uses? Meet TUSD, tfUSD, TRU, and stkTRU all in this postTrueFi is an uncollateralized lending DeFi protocol, powered by the TRU token. At the core, it’s an uncollateralized lending protocol powered by an on-chain credit model — the first of its kind.TrueFi loans are mad…
February 25, 2021
Postmortem: TFI-LP Pricing Bug
Last week, a bug was discovered that affected the rate of exchange between TUSD <> TFI-LP tokens for depositors that put their funds into the TrueFi Lending Pool. This resulted in some users receiving up to 0.5% less TFI-LP tokens than they should have. Specifically, we found that users that d…
February 12, 2021
TrueFi V2: Improved Staking, Liquid Exit, On-Chain Governance
New V2 features launch February 19th, 2021In the three months since TrueFi’s launch, we have seen the protocol quickly rise as the leading contender in on-chain uncollateralized lending. Version 1 (V1) of TrueFi has brought on respected borrowers like Alameda Research, Poloniex and Wintermute Tradin…
February 11, 2021
TrueFi’s TRU Token Economics
Distribution & Supply Plans for TRU as of Feb 2021Essential Figures:
Max supply: 1.44bn
Current circulating supply (as of 2/3/21): 151mm
Token allocations:
Incentives (yield farming) = 565,500,000 (39%)
Pre-Sale = 387,917,402 (26.75%)
Team = 268,250,000 (18.5%)
Company/Foundation = 163,082,…
TrustToken Frequently Asked Questions
When was TrustToken founded?
TrustToken was founded in 2017.
Who are TrustToken key executives?
TrustToken's key executives are Rafael Cosman, Alex de Lorraine and Tom Shields.
How many employees does TrustToken have?
TrustToken has 34 employees.
Who are TrustToken competitors?
Competitors of TrustToken include Qtum, Ethereum and Waves Platform.
Where is TrustToken headquarters?
TrustToken headquarters is located at San Francisco, San Francisco.
Where are TrustToken offices?
TrustToken has an office in San Francisco.
How many offices does TrustToken have?
TrustToken has 1 office.
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