According to Odaily Planet Daily, the crypto trading platform TrueX has completed a $9 million financing round, with RRE Ventures and Hack VC participating in the investment.
TrueX uses PayPal’s stablecoin PYUSD as its preferred trading token, and PYUSD issuer Paxos will provide third-party custody services for TrueX users.
TrueX will initially be available to U.S. institutions and some international institutions in certain regions.
