TrustToken Revenue and Competitors
Estimated Revenue & Valuation
- TrustToken's estimated annual revenue is currently $10.7M per year.
- TrustToken received $20.0M in venture funding in June 2018.
- TrustToken's estimated revenue per employee is $130,000
- TrustToken's total funding is $34.2M.
Employee Data
- TrustToken has 82 Employees.
- TrustToken grew their employee count by 71% last year.
TrustToken Competitors & Alternatives
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $23.9M | 167 | 90% | N/A | N/A |
#2 | $8.5M | 131 | 52% | N/A | N/A |
#3 | $7.2M | 37 | 0% | N/A | N/A |
#4 | $7.7M | 66 | -27% | N/A | N/A |
What Is TrustToken?
TrustToken is a platform to create asset-backed tokens that you can easily buy and sell around the world. For example, gold to gold tokens or dollar to dollar tokens. The company's first asset token is TrueUSD, a stablecoin that you can redeem 1-for-1 for US dollars. TrustToken was founded in 2017 and consists of a team from Stanford, UC Berkeley, Airbnb, Goldman Sachs, PayPal, and Google, and is backed by a16z crypto, BlockTower Capital, Danhua Capital, Founders Fund Angel, GGV Capital, Jump Capital, Stanford-StartX, and others. For more information about TrustToken and its TrueUSD product, visit http://www.trusttoken.com.
keywords:E-Commerce, Finance, Bitcoin, Cryptocurrency, Blockchains, Ethical Fashion, Blockchain / Cryptocurrency
$34.2M
Total Funding
82
Number of Employees
$10.7M
Revenue (est)
71%
Employee Growth %
N/A
Valuation
N/A
Accelerator
TrustToken News
... BrickBlock, Securitize, SETL, Symbiont, Templum, Proof Suite, OpenLaw, TokenSoft, TrustToken, Tzero Group, Utocat, Zen Protocol.
Trusttoken CEO Expects More Financial Institutions to 'Bring Their Books of Business On-Chain'. Rafael Cosman, the CEO of Trusttoken explained...
TrustToken doesn't charge any trading fees on its TUSD coins, which is enticing to many investors, but TrustToken isn't fully decentralized and...
TrustToken, creators of TUSD, has raised a $12.5 million round of funding to scale TrueFi, its DeFi protocol for collateral-free loans which is powered by on-chain credit scores. The strategic funding round is led by Blocktower with participation from Andreessen Horowitz (a16z) and Alameda Resea ...
Crypto.com has recently entered a partnership with TrustToken and Paxos Standard for Crypto.com Chain, which will allow merchants to get ...
Other Companies in San Francisco
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $13.1M | 82 | 24% | $4.6M |
#2 | $17.2M | 82 | 17% | N/A |
#3 | $11.5M | 82 | 19% | $14.8M |
#4 | $11.5M | 82 | 19% | N/A |
#5 | $22.1M | 82 | -13% | N/A |
TrustToken Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2018-06-19 | $20.0M | Undisclosed | Article |
