Former Coinbase exec launches stablecoin-native crypto exchange

theblock.co 19/09/2024 - 20:20 PM

Episode 58: The Scoop

Episode 58 of Season 6 of The Scoop was recorded with The Block’s Frank Chaparro and TrueX Co-Founder & CEO Vishal Gupta.

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Vishal Gupta is the co-founder and CEO of TrueX — a new stablecoin-native trading platform.

In this episode, Gupta unpacks how TrueX aims to provide a “stablecoin-native” trading experience with segregated custody, primarily targeted at institutional clients in the United States.

Outline

  • 00:00 Introduction
  • 04:50 TrueX Overview
  • 11:13 Exchange Innovation
  • 14:42 Institutional Client Trading Needs
  • 17:52 Stablecoin Collateral
  • 19:21 TrueX Matching Engine
  • 23:11 Segregated Service Offerings
  • 25:52 TrueX Funding
  • 27:41 Broker Adoption
  • 31:06 Crypto’s Credit Market
  • 33:51 True Markets Roadmap
  • 35:50 Closing Thoughts

This episode is brought to you by our sponsor Polkadot.
Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network

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