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Trust Machines

Trust Machines

Trust Machines develops applications and technology Bitcoin.

OverviewStructured DataIssuesContributors

Contents

trustmachines.co
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Bitcoin
Bitcoin
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Blockchain
Blockchain
Location
United States
United States
Founder
Muneeb Ali
Muneeb Ali
Investors
Hivemind Capital
Hivemind Capital
GoldenTree Asset Management
GoldenTree Asset Management
Breyer Capital
Breyer Capital
Tykhe Block Ventures
Tykhe Block Ventures
0
Tess Ventures
Tess Ventures
0
Digital Currency Group
Digital Currency Group
Union Square Ventures
Union Square Ventures
Total Funding Amount (USD)
150,000,000
Latest Funding Type
Seed
Seed

Other attributes

Company Operating Status
Active
Funding Round Amount (USD)
150,000,000
Funding Type
Seed
Seed
Invested in
Hermetica Finance
Hermetica Finance
ALEX
ALEX
ALEX (protocol)
ALEX (protocol)

Trust Machines will build the applications and underlying technology for Bitcoin as a final settlement layer. Trust Machines will build upon the success of Stacks, a programming layer for Bitcoin. The Stacks mainnet launch was a major unlock toward making Bitcoin programmable. The team will expand on this programming layer and will build applications that make Bitcoin productive, e.g., trustless Bitcoin lending. Mission is to build the largest ecosystem of Bitcoin applications and grow the Bitcoin economy.

Trust Machines—launched by Stacks founder Muneeb Ali and a Princeton University Computer Science professor JP Singh—has raised $150 million to build an ecosystem of applications designed to "unlock the potential of Bitcoin" for Web3

Trust Machines’ goal is to create the largest ecosystem of Bitcoin apps and grow the Bitcoin economy.

The funding round features investors like Breyer Capital, Digital Currency Group, GoldenTree, and Union Square Ventures.

We believe that Bitcoin can be more than a store of value; it can also be the settlement layer and platform for Web3

Jim Breyer, founder and CEO of Breyer Capital.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Hello, Trust Machines -- Trust Machines

Muneeb Ali & JP Singh

https://www.trustmachines.co/blog/hello-trust-machines

Web

February 3, 2022

References

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