Former Coinbase exec launches stablecoin-native crypto exchange
Quick Take
- TrueX co-founder and CEO Vishal Gupta discusses the launch of his new stablecoin-native crypto exchange aimed at institutional traders in the U.S.
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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