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Home Market Research Cryptocurrency

Former NAGA CEO Leads $10M True Labs Seed for AI Crypto Trading

by TheAdviserMagazine
11 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Former NAGA CEO Leads M True Labs Seed for AI Crypto Trading
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True Labs LLC, an AI-focused decentralized exchange
developer, announced a $10 million seed investment from UAE-based investor Core
Holding. The funding will support the development of the company’s main
products, including TRUE AI, a dedicated large language model designed to power
TRUE DEX.

The system aims to assist traders of varying experience
levels with data-driven, conversational trading decisions. The project is led
by Ben Bilski, founder and former CEO of German fintech The NAGA Group AG.

AI-Powered TRUE DEX Offers Trading Rewards

TRUE DEX runs on Solana Layer-2 infrastructure and
proprietary NVIDIA GPU clusters. The platform can process large volumes of
market data in milliseconds, anticipate price movements, and execute trades
with built-in risk controls. It also provides guidance for copy-trading
strategies and allows users to earn yield by supplying liquidity.

crypto Digital
assets meet tradfi in London at the fmls25

Every transaction on the platform contributes to AI
training. Users earn points for providing behavioral and transactional data.
These points are later converted into tradable tokens through retroactive drop
campaigns. True Labs aims to merge AI and DeFi at the infrastructure level,
enabling users to train the model while earning rewards.

You may find it interesting at FinanceMagnates.com: NAGA
Founder Is Building Crypto Startup Promising “A New Way of Trading”.

“With TRUE, guesswork and emotions are replaced by real-time
intelligence, giving every trader, whether a beginner or a professional, the
ability to trade smarter, safer, and more profitably.” Ben Bilski, Co-Founder
of True Labs, commented.

TRUE Plans 2026 AI Trading Ecosystem

The team also includes Valerii Marshalin, co-founder and CTO
of INC4; Igor Stadnyk, founder and CEO of INC4; and Alex Momot, founder and CEO
of Peanut Trade. Collectively, they have worked on multiple products in AI,
DeFi, and Web3 sectors.

TRUE is currently in its presale stage, with users able to
purchase the $TRUE token through the TRUE Foundation. The company plans to
launch its native LLM and full trading ecosystem in 2026, integrating the $TRUE
token into platform operations.

This article was written by Tareq Sikder at www.financemagnates.com.



Source link

Tags: 10MCEOCryptoLabsleadsNAGASeedTradingtrue
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