TrustToken (@TrustToken) — Twitter Score 4 out of 1000

TrustToken is a former crypto asset-tokenization company that built and operated the TrueFi uncollateralized lending protocol before rebranding as Archblock in September 2022 and subsequently filing for Chapter 11 bankruptcy in February 2026. TrustToken's Twitter Score is 4.4 out of 1000 as of July 2026, ranking #195,987 among 531,432 tracked accounts.

TrustToken was founded by Danny An as CEO, Rafael Cosman as CTO, and Stephen Kade as COO, and incorporated as TrustToken, Inc. The company launched the fiat-backed TrueUSD stablecoin in 2018 as an early demonstration of its asset-backed token approach, then introduced TrueFi in 2020 as an uncollateralized DeFi lending protocol with TRU as its native token. Per a 2018 CoinList investment memorandum, TrustToken had raised a $1.7 million SAFE seed round with participation from Founders Fund Angel (Pathfinder) and Stanford StartX, alongside a $22.62 million SAFT strategic sale involving Andreessen Horowitz, BlockTower Capital, Danhua Capital, Jump Capital, ZhenFund, Distributed Global, Slow Ventures, and GGV Capital. In August 2021, BlockTower Capital, Andreessen Horowitz, and Alameda Research were reported as leading a $12.5 million funding round through purchases of locked TRU tokens.

TrustToken announced its rebrand to Archblock on September 22, 2022, under new CEO Ryan Christensen, with co-founder Rafael Cosman moving to the board in an advisory capacity. As part of that transition, development responsibilities, token design, treasury management, intellectual property, and key smart contracts for TrueFi were transferred to the TrueFi DAO, overseen by the BVI-based TrueFi Foundation, while Archblock continued as a contributor. Separately, TrueCoin had sold TrueUSD operations to an unaffiliated offshore entity in December 2020, and TrustToken and TrueCoin terminated that relationship in July 2023.

TrustToken faced significant legal and financial challenges in its later years. The SEC filed charges against TrustToken and TrueCoin on September 24, 2024, alleging fraudulent and unregistered sales of investment contracts tied to TUSD and TrueFi from November 2020 through April 2023, including alleged misleading statements about TUSD reserve backing. TrustToken settled the action without admitting or denying the allegations, and on September 25, 2024, a court entered a final judgment enjoining TrustToken from relevant federal securities-law violations and ordering a civil penalty of $163,766. TrustToken, Inc. subsequently filed a voluntary Chapter 11 bankruptcy petition on February 6, 2026, with its case jointly administered alongside Archblock LLC and related debtors in the U.S. Bankruptcy Court for the District of Delaware. TrustToken has 2,706 followers as of July 2026 and has published 3 posts. TrustToken has been mentioned by 331 accounts, with 699 total mentions.

Who follows TrustToken on X?

The accounts that follow TrustToken include 13 founders, 3 angel investors, 16 influencers and 1 VCs. Among them are H.E. Justin Sun, Zach Rynes, androolloyd.hl, VirtualBacon, Max and Cheetahgang. ETH.