# TrustToken

TrustToken is a Blockchain based in San Francisco, United States.

## Overview

- **Organization type:** Blockchain
- **Headquarters:** San Francisco, United States
- **Region:** Europe
- **Address:** San Francisco, CA, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** trusttoken.com
- **LinkedIn:** https://www.linkedin.com/company/trusttoken

## Regulatory record

- **Reports private funds:** No

## About

TrustToken was founded in 2017 by Rafael Cosman and Manny Rincon-Cruz, both formerly of Google and Palantir Technologies, to create a compliant tokenization platform for real-world assets. The firm is known for launching TrueUSD (TUSD), a fiat-backed stablecoin that operates as its flagship product and is available on multiple blockchains including Ethereum, TRON, and Avalanche. The strategy spans both issuing and managing stablecoins and developing the platform infrastructure for asset tokenization. TrustToken's technology enables users to mint and redeem TUSD 1:1 with US dollars, with attestations of reserves provided by third-party accounting firms. The firm also supports tokenization of other assets, including gold via its TAU token. Geographically, the firm operates offices in San Francisco, New York, Lisbon, Seongnam, Grand Cayman, Singapore. As of the last publicly available data, TrustToken had not disclosed its total assets under management, deployment figures, or team size. The firm has not reported any formal investment activity in the traditional sense, focusing instead on product development and stablecoin issuance. In 2023, TrustToken was acquired by Archblock, formerly known as TrueFi (per CoinDesk, 2023), and continues to operate under that umbrella. TrustToken's structural differentiator is its compliance-first approach to blockchain asset issuance: it built TrueUSD with regular attestations, multi-jurisdictional licensing, and integration with major exchanges. This regulatory posture sets it apart from many early stablecoin issuers and positions it as infrastructure for institutional adoption of tokenized assets.

## Sectors

- FinTech
- Blockchain & Digital Assets
- Infrastructure

## Offices

- Lisbon, Portugal
- Seongnam, South Korea
- Grand Cayman, Cayman Islands
- Singapore
- New York, NY, United States

## People

- Rafael Cosman — CEO & Co-Founder
- Manny Rincon-Cruz — CTO & Co-Founder

## Questions

### Who runs investment decisions at TrustToken?

CEO and Co-Founder Rafael Cosman leads the firm, along with CTO and Co-Founder Manny Rincon-Cruz. Both previously worked at Google and Palantir Technologies. Strategic decisions are handled by the executive team, which also includes representatives from Archblock, the parent company that acquired TrustToken in 2023.

### What is TrueUSD and how does it function?

TrueUSD (TUSD) is a dollar-pegged stablecoin launched by TrustToken in 2018. Users can mint and redeem TUSD 1:1 with US dollars, with attestations of reserves provided by third-party accounting firms. TUSD operates on multiple blockchains, including Ethereum, TRON, and Avalanche, and is listed on major exchanges like Binance and Huobi.

### How does TrustToken source proprietary deal flow?

TrustToken is not a traditional investment firm and does not source deal flow for LP commitments. Its business model centers on issuing regulated stablecoins and providing tokenization services for enterprises and institutions seeking to digitize assets on blockchain rails. Partnerships with exchanges, custodians, and blockchain networks drive its pipeline.

### What investment stages does TrustToken typically target?

TrustToken does not target investment stages as a venture or private equity firm. It focuses on early-stage to mature opportunities in blockchain infrastructure, specifically asset tokenization and stablecoin issuance. The firm collaborates with enterprises, developers, and protocols through its platform services.

### How is TrustToken related to Archblock (formerly TrueFi)?

Archblock, previously known as TrueFi, acquired TrustToken in 2023 (per CoinDesk, 2023). TrueFi is a decentralized lending protocol, and the acquisition combined TrustToken's stablecoin infrastructure with TrueFi's lending platform. The two entities now operate under the Archblock brand, with TrustToken continuing as a core component of the broader ecosystem.

## Related profiles

- [Inveniam](https://altss.com/profile/inveniam)

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Last updated: 2026-06-03T20:00:00.000Z

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