TrustToken - About the company
TrustToken is a series A company based in San Francisco (United States), founded in 2017 by Stephen Kade, Rafael Cosman and Danny An. It operates as a Decentralized platform for physical asset tokenization. TrustToken has raised $32.5M in funding from investors like BlockTower, Andreessen Horowitz and Founders Fund. The company has 351 active competitors, including 75 funded and 7 that have exited. Its top competitors include companies like Circle, KAST and Terra.
Company Details
Decentralized platform for physical asset tokenization. It enables users to digitize and increase the liquidity of their physical assets. Issues a custom token for each asset, which can then be used to rent out, sell, or trade in exchanges. This enables investors to take ownership of various physical assets around the world.
- Website
- trusttoken.com
- Email ID
- *****@trusttoken.com
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series A
Total Funding
$32.5M in 3 rounds
Latest Funding Round
Investors
Ranked
9th among 351 active competitors
Employee Count
6 as on Aug 31, 2026
Investment & Acquisitions
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TrustToken's funding and investors
TrustToken has raised a total funding of $32.5M over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Series A round on Aug 05, 2021 for $*****. 3 investors participated in its latest round. TrustToken has 31 institutional investors.
Here is the list of recent funding rounds of TrustToken:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 05, 2021 | 9537225 | Series A | 6446787 | 6401223 | 6865749 | 8178867 |
Jun 29, 2018 | 5730519 | Series A | 8647327 | 1671011 | 7355088 | 1128233 |
2017 | 1961 | Seed | 5645 | 1391 | 7638 |
View details of TrustToken's funding rounds and investors
TrustToken's founders and board of directors
Founder? Claim ProfileThe founders of TrustToken are Stephen Kade, Rafael Cosman and Danny An. Rafael Cosman is the CEO of TrustToken.
Here are the details of TrustToken's key team members:
- Stephen Kade: Co-Founder & COO of TrustToken. Contact Info: 1 email address
- Rafael Cosman: Co-Founder & CEO of TrustToken.
- Danny An: Co-Founder of TrustToken. Contact Info: 1 phone number
View details of TrustToken's Founder profiles and Board Members
TrustToken's employee count trend
TrustToken has 6 employees as of Aug 26. Here is TrustToken's employee count trend over the years:
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TrustToken's Competitors and alternates
Top competitors of TrustToken include Circle, KAST and Terra. Here is the list of Top 10 competitors of TrustToken, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Circle 2013, Boston (United States), Public | Cross-border payment solution for businesses focusing on cryptocurrency | $1.51B | 88/100 | |
2nd | App-based platform offering stablecoins | $90M | 76/100 | ||
3rd | Blockchain network for payments | $125M | 75/100 | ||
4th | Celo 2011, San Francisco (United States), Acquired | Blockchain-based stable coins for social payments and money transfers | $65M | 69/100 | |
5th | MakerDAO 2014, San Francisco (United States), Series A | Stable coin based on Ethereum blockchain | $63M | 69/100 | |
6th | StableCorp 2019, Toronto (Canada), Series A | Decentralized stable coin used for enabling B2B payments | $8.51M | 60/100 | |
7th | Mezo 2022, Menlo Park (United States), Series A | Developer of stablecoins fully backed by reserves of digital currency | $30M | 59/100 | |
8th | Prepaid Japanese Yen Stablecoin made on public blockchain | $106M | 58/100 | ||
9th | TrustToken 2017, San Francisco (United States), Series A | Decentralized platform for physical asset tokenization | $32.5M | 57/100 | |
10th | Provider of a stablecoin payments network | $20M | 56/100 |
Looking for more details on TrustToken's competitors? Click here to see the top ones
TrustToken's Investments and acquisitions
TrustToken has made 2 investments in XLD Finance and Oasis Pro Markets and acquired EthWorks.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 19, 2022 | Investments | 2018 | Manila (Philippines) | |
May 12, 2022 | Investments | 2008 | Darien (United States) | |
Sep 15, 2021 | Acquisition | 2016 | Warsaw (Poland) |
Reports related to TrustToken
Here is the latest report on TrustToken's sector:
News related to TrustToken
•
TrueCoin and TrustToken Agree Settlement with SEC Over Allegations Involving TrueUSDNftgators•Sep 25, 2024•truecoinonline.com, TUSD, TrustToken, CoinList
•
Crypto firms TrueCoin, TrustToken charged by SEC with fraudSeeking Alpha•Sep 24, 2024•TrustToken, truecoinonline.com
•
TrustToken Rebrands as Archblock, to Modernize Global Financial Infrastructure Under New LeadershipBusiness Wire•Sep 22, 2022•TrustToken, Arch Blocks
•
Dragonfly Capital Leads $13M Round for DeFi Infrastructure Startup XLD FinanceCoinDesk•Jul 19, 2022•XLD Finance, Dragonfly Capital, Infinity Ventures Crypto, Digital Currency Group and 18 others
•
TrueFi powers WOO X's institutional services through decentralized loans to verified clientsACN Newswire•Jul 12, 2022•TrustToken
•
Oasis Pro Finalizes Oversubscribed $27M Series A RoundCrowdfund Insider•May 17, 2022•Oasis Pro Markets, UDHC, Avalanche, Inveniam IO and 13 others
•
TrustToken Bolsters Executive Suite with Addition of Wall Street and Product VeteransBusiness Wire•Mar 10, 2022•TrustToken, Narrative
•
TrueFi Launches First Protocol-to-protocol Lending Portfolio for Perpetual Protocol, Powering Up to $100m in DEX LiquidityACN Newswire•Feb 08, 2022•TrustToken, Perpetual Protocol
•
TrustToken, Bolsters Senior Leadership With Veteran Wall Street and Silicon Valley HiresRad AI•Nov 15, 2021•TrustToken, EthWorks
•
TrustToken Acquires EthWorks; Doubling Team Size for TrueFi Scale-UpACN Newswire•Sep 22, 2021•TrustToken, EthWorks
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