Archblock

Archblock, established in 2017 in San Francisco, CA, is a pioneering company in the blockchain and stablecoin industry. In 2018, the company closed over $38 million in a Reg D token pre-sale and launched TrueUSD, the first regulated and fully collateralized stablecoin backed by USD. By 2019, Archblock expanded its stablecoin offerings to include TrueGBP, TrueCAD, TrueAUD, TrueHKD, and TrueGOLD, a proof-of-concept commodities-backed stablecoin collateralized by gold. In 2020, Archblock introduced TrueFi, an alternative asset management platform, and strategically sold TrueUSD to Techteryx. The following year, Archblock acquired Ethworks (now Archblock Poland) to enhance its engineering capabilities and saw TrueFi surpass $1 billion in total loan originations. In 2022, the company rebranded from TrustToken to Archblock and launched TrueFi’s on-chain governance smart contracts. By 2023, Archblock developed the Archblock Institutional Platform (AIP) on TrueFi’s blockchain infrastructure. Archblock’s stablecoin portfolio includes fiat-backed stablecoins like 1USD and 1GBP, with 1USD anchored to the US Dollar and initially available on Ethereum and Aleph Zero, and 1GBP relaunched by Damex and Poundtoken using Archblock’s Stablecoins Issuance Platform. Archblock provides a comprehensive suite of tools for fund managers to create, raise, and manage private funds digitally on blockchain. Their stablecoin issuance platform offers services such as bank-grade customer onboarding, smart contract development, bank integrations, exchange listings, and a white-labeled user-facing application for minting and redeeming. Archblock’s stablecoins are 100% collateralized with assets held in escrow by regulated financial institutions, designed for near-instant mints and redemptions, and trusted by users in over 100 countries. The stablecoins are available to all users who meet applicable KYC/AML requirements. Archblock’s marketplace promotes transparency and cost-effective solutions using blockchain technology to democratize access to alternative assets. Since 2020, TrueFi has approached $2 billion in loan originations, offering competitive yields with over 10% APY across diverse portfolios. Archblock’s stablecoins enable 24/7 transactions, promote financial inclusion, and reduce the friction and costs associated with traditional banking. Built with transparency and regulatory compliance, Archblock partners with third parties for external, real-time attestations and customizes its technology to meet customer needs, including security measures compliant with financial regulations and KYC/AML policies.