Ben Bilski, the Founder and former CEO of NAGA Group,
has launched a new crypto trading platform called True Trading, which is now
live in pre-launch.
According to Bilski’s announcement on LinkedIn, the
decentralized exchange incorporates a “trainable” artificial intelligence
engine and is built on a Layer 2 protocol using the Solana blockchain.
AI Functionality and Automation
According to its official website, True Trading describes
itself as an AI-native decentralized exchange. The platform features an
integrated large language model designed to improve over time by analyzing user
interactions, trades, and market data. It automates tasks such as risk management, KYC, and
payment flows, aiming to streamline the user experience.
True Trading reportedly uses smart contracts for all
trade executions, meaning users retain control of their funds at all times.
This design removes custody risk and enables transparency, as all liquidity is
sourced from public vaults and tracked on-chain.
The platform operates on its own Layer 2
infrastructure powered by Solana, allowing for high-speed transaction
processing and reduced costs. According to company disclosures, True Trading
Corp is incorporated in Panama.
Trading Features
True Trading offers several DeFi trading functions,
including: On-chain perpetual contracts, copy trading of high-performing
strategies, and yield earning through smart contract-based investment strategies. The platform does not facilitate the trading of
regulated securities, nor does it act as a broker, financial intermediary, or
custodian.
The platform has now entered a pre-launch phase and is
accepting early users. The company has not yet disclosed a full launch date or
details on governance or tokenomics, if any.
In March, Bilski announced plans to launch a new
cryptocurrency trading platform to address inefficiencies in the
digital asset market. Following his departure from NAGA after its
acquisition by CAPEX.com, Bilski turned his attention to what he described as a
fundamental flaw in crypto markets’ operation.
In a LinkedIn post, he said he had identified “a
loophole that changes everything,” particularly in market-making and liquidity provision—two functions often criticized for their lack of transparency
and centralization.
“After years in crypto (since 2014), scaling companies
from scratch to IPO, and executing large-scale projects, I took a step back to
assess the imbalances and opportunities in the space. And I found something
truly exciting, a loophole that changes everything,” he wrote.
The platform is expected to run on an independent
blockchain optimized for scale and will feature an AI-powered trading
experience, social investing tools, and democratized liquidity pools.
Ben Bilski, the Founder and former CEO of NAGA Group,
has launched a new crypto trading platform called True Trading, which is now
live in pre-launch.
According to Bilski’s announcement on LinkedIn, the
decentralized exchange incorporates a “trainable” artificial intelligence
engine and is built on a Layer 2 protocol using the Solana blockchain.
AI Functionality and Automation
According to its official website, True Trading describes
itself as an AI-native decentralized exchange. The platform features an
integrated large language model designed to improve over time by analyzing user
interactions, trades, and market data. It automates tasks such as risk management, KYC, and
payment flows, aiming to streamline the user experience.
True Trading reportedly uses smart contracts for all
trade executions, meaning users retain control of their funds at all times.
This design removes custody risk and enables transparency, as all liquidity is
sourced from public vaults and tracked on-chain.
The platform operates on its own Layer 2
infrastructure powered by Solana, allowing for high-speed transaction
processing and reduced costs. According to company disclosures, True Trading
Corp is incorporated in Panama.
Trading Features
True Trading offers several DeFi trading functions,
including: On-chain perpetual contracts, copy trading of high-performing
strategies, and yield earning through smart contract-based investment strategies. The platform does not facilitate the trading of
regulated securities, nor does it act as a broker, financial intermediary, or
custodian.
The platform has now entered a pre-launch phase and is
accepting early users. The company has not yet disclosed a full launch date or
details on governance or tokenomics, if any.
In March, Bilski announced plans to launch a new
cryptocurrency trading platform to address inefficiencies in the
digital asset market. Following his departure from NAGA after its
acquisition by CAPEX.com, Bilski turned his attention to what he described as a
fundamental flaw in crypto markets’ operation.
In a LinkedIn post, he said he had identified “a
loophole that changes everything,” particularly in market-making and liquidity provision—two functions often criticized for their lack of transparency
and centralization.
“After years in crypto (since 2014), scaling companies
from scratch to IPO, and executing large-scale projects, I took a step back to
assess the imbalances and opportunities in the space. And I found something
truly exciting, a loophole that changes everything,” he wrote.
The platform is expected to run on an independent
blockchain optimized for scale and will feature an AI-powered trading
experience, social investing tools, and democratized liquidity pools.
This post is originally published on FINANCEMAGNATES.
