About TrustToken
TrustToken is a Financial Services company based in San Francisco (United States) founded in 2017 by Rafael Cosman and Danny An. It operates as a physical assets are tokenized on a decentralized platform for liquidity. TrustToken has raised $32.5 million across 3 funding rounds from investors including BlockTower, FJ Labs and Foundation Capital. TrustToken has completed 1 acquisition, including EthWorks. Its chief executive is Rafael Cosman. Its focus areas include FinTech, Cryptocurrencies, Coins and Stable Coins. Its competitors include Circle, Celo, MakerDAO, Origin Protocol and Reserve and 1 more; 5 of its 6 listed competitors have raised funding.
Company details
TrustToken was founded in 2017 in San Francisco, United States, within the blockchain and asset tokenization sector. A decentralized platform is provided to digitize physical assets and enhance their liquidity. Custom tokens are issued for individual assets, which can be rented, sold, or traded on exchanges. Fractional ownership of physical assets located worldwide is facilitated for investors through this system.
- Headquarters San Francisco, United States
- Founders Rafael Cosman, Danny An
- SectorsFinancial Services
- Email••••••••
- Website trusttoken.com
- Social LinkedIn X Facebook
- Total Equity Funding$32.5M (USD)
in 3 rounds
- Latest Funding Round$12.5M (USD), Series A
Aug 2021
- InvestorsBlockTower
& 12 more
- Investments & Acquisitions
Funding Insights of TrustToken
TrustToken has successfully raised a total of $32.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12.5 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.5M
- Total Rounds 3
- Last Round Series A — $12.5M
- Investors Count 13
All 3 funding rounds of TrustToken with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $12.5M | Series A | – | BlockTower | |
| Jun 2018 | $20M | Series A | – | a16z, Jump Trading | – |
| Jun 2017 | – | Seed | – | – |
13 investors in total: 13 institutional.
Investors in TrustToken
TrustToken has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include BlockTower, FJ Labs and Foundation Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cryptocurrency and digital asset investments are managed by the firm. | 2017 | blocktower.com | New York, United States | |
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | – | a16z.com | - | |
Venture capital investments in technology and defense sectors. | – | foundersfund.com | - | |
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US | – | zhenfund.com | Beijing, China | |
Startups are accelerated by Stanford-backed program in Palo Alto. | – | startx.com | Palo Alto, United States | |
Blockchain projects are funded by this venture capital firm. | – | distributedglobal.com | Los Angeles, United States | |
Early stage VC firm investing in the US | – | signiaventurepartners.com | Menlo Park, United States | |
Venture capital is invested in cybersecurity, fintech, and AI startups. | – | ggvc.com | Menlo Park, United States | |
Early-stage and growth-stage tech startups are funded by DHVC. | – | dh.vc | Palo Alto, United States |
Investor details for TrustToken
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of TrustToken
17 people are tracked at TrustToken (8 in leadership, 1 in board & advisors, 8 in team).
| Name | Role | Group |
|---|---|---|
Rafael Cosman | Co-Founder & CEO | Leadership |
Danny An | Co-Founder | Leadership |
Alex De Lorraine | COO & Sr. Director, Finance | Leadership |
Marek Kirejczyk | Chief Technology Officer | Leadership |
Bill Wolf | Chief Investment Officer | Leadership |
Ryan Christensen | Chief Product Officer | Leadership |
Anna Arpilleda | Head of People & Culture | Leadership |
C. C. Alexander Boehnke de Lorraine-Elbeuf | Managing Director - TrustLabs Compliance Solutions Ltd. | Leadership |
Tom Shields | Chairman of the Board | Board & advisors |
Łukasz Stankiewicz | Software Engineering Team Lead | Team |
Shadi Barhoumi | Software Engineer | Team |
Mateusz Janduła | Programmer | Team |
Diana Bushard | General Counsel | Team |
Emmet Fay | Compliance Analyst | Team |
Ichiro Minamikawa | Advisor | Team |
Antoni Koszowski | Software Developer | Team |
Hubert Nastały | Blockchain Developer | Team |
Complete people profiles for TrustToken
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Investments & Acquisitions by TrustToken
TrustToken has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EthWorks.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Blockchain development services are provided by EthWorks in Poland. | ethworks.io | Warsaw, Poland | 2016 | Sep 2021 | •••• |
Complete acquisition details for TrustToken
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Exports
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Timeline of TrustToken
4 dated milestones of TrustToken across 4 years, from founding to its latest funding, stage changes and deals.
- Founded TrustToken is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $12.5M.
- Acquisition Acquires EthWorks.
Competitors of TrustToken
TrustToken has 6 listed competitors in our database, 5 of them funded. They include Circle, Celo, MakerDAO, Origin Protocol and Reserve, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| circle.com | 2013 | Boston, United States | $1.5B | – | Cross-border cryptocurrency payments for businesses are enabled through APIs. | |
| celo.org | 2011 | San Francisco, United States | $57.5M | 50 | Blockchain-based stablecoins are utilized for social payments and transfers. | |
| makerdao.com | 2014 | San Francisco, United States | $15M | – | A collateral-backed stablecoin is issued on the Ethereum blockchain. | |
| originprotocol.com | 2017 | San Francisco, United States | $31.5M | 11 | A blockchain platform is provided for building decentralized marketplaces. | |
| reserve.org | 2017 | Oakland, United States | – | 3 | A stablecoin and decentralized payment protocol are provided by Reserve. | |
| stably.io | 2017 | Seattle, United States | $7.73M | – | Asset tokenization and stablecoin infrastructure are provided for blockchain networks. |
Detailed competitors of TrustToken
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Top companies in Cryptocurrencies
10 companies that operate in the same segment as TrustToken (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | 1,212 | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico City, Mexico | USD 331.35 M | – | 884 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Complete news archive for TrustToken
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Frequently Asked Questions about TrustToken
TrustToken was founded in 2017.
TrustToken is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Rafael Cosman is the current CEO of TrustToken. They have also founded this company.
TrustToken is a funded company, having raised a total of $32.5M across 3 funding rounds to date.
TrustToken was founded in 2017 in San Francisco, United States, within the blockchain and asset tokenization sector. A decentralized platform is provided to digitize physical assets and enhance their liquidity. Custom tokens are issued for individual assets, which can be rented, sold, or traded on exchanges. Fractional ownership of physical assets located worldwide is facilitated for investors through this system.
TrustToken has made 1 acquisition, including EthWorks.
TrustToken has 13 investors. Key investors include BlockTower, FJ Labs, Foundation Capital, Andreessen Horowitz, and Alameda Research.