New Exchange Launch

Vishal Gupta, former Coinbase executive, has launched a stablecoin-native crypto exchange called TrueX. The platform aims to provide a unique trading experience tailored for institutional clients in the United States.

Focus on Stablecoin Trading

TrueX will cater specifically to stablecoin traders, offering segregated custody and optimized services for institutional investors. Gupta explained that the goal is to provide a seamless, secure, and efficient trading environment for those looking to transact in stablecoins.

Market Target

The exchange is primarily designed for U.S.-based institutional traders who require a stable and reliable platform for digital asset transactions. By focusing on stablecoins, TrueX seeks to differentiate itself from other exchanges that typically cater to retail investors.

Gupta’s Vision

In an interview, Gupta highlighted the importance of regulatory compliance and security as cornerstones of the new exchange. He emphasized that TrueX will be a platform that meets the highest standards of institutional trading. Source
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