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.

TypePrivate
Founded2017
HQSan Francisco, CA, US
Websitetrusttoken.com

Latest Updates

Employees (est.) (May 2021)34(-2%)
Cybersecurity ratingBMore

Key People/Management at TrustToken

Rafael Cosman

Rafael Cosman

Co-Founder & CEO
Alex de Lorraine

Alex de Lorraine

COO & Sr. Director, Finance
Tom Shields

Tom Shields

Chairman of the Board
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TrustToken Office Locations

TrustToken has an office in San Francisco
San Francisco, CA, US (HQ)
San Francisco
Show all (1)

TrustToken Financials and Metrics

Summary Metrics

Founding Date

2017

TrustToken total Funding

$21.7 m

Time since last funding

3 years ago

TrustToken investors

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TrustToken Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

TrustToken Online and Social Media Presence

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TrustToken News and Updates

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.

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.

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.

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

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…

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…

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…

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…

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…

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,…
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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.