# Trrue

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/trrue

- Industry: Financial Services
- Headquarters: Cork, Ireland
- Website: www.trrue.io/
- Total disclosed funding: $0.6M
- Latest round: Seed (Apr 16, 2024)
- Investors on record: 1

## About

Based in Ireland, and founded in 2021 by Owen O’Driscoll, Pearse Ryan, Arjan van Eersel, PlanDail LTD, doing business as Trrue is a Layer 1 blockchain that focuses on enhanced compliance opportunities for environmental, social, and governance (ESG) alongside real-world asset tokenization. Owen O’Driscoll serves as current CEO at Trrue. In February 2026, FundBank acquired Trrue from DataOp and GEM Digital Limited for EUR 10 million.

Trrue Chain offers a robust suite of blockchain solutions designed to facilitate compliance and promote sustainable innovation across various industries. The core product, Trrue Chain, operates as a Layer 1 consortium blockchain, enabling high throughput with the capacity to process up to 1,500 transactions per second. This infrastructure supports a wide range of applications, from financial services to supply chain management, by ensuring that Environmental, Social, and Governance (ESG) credentials are verified and transparently recorded. Trrue Chain's features include a decentralized governance model, self-sovereign identity functionalities, and a Proof-of-Stake mechanism that significantly reduces energy consumption. 

Trrue generates revenue through the provision of blockchain infrastructure and platform services, including enterprise and institutional use of its compliant Layer-1 network.

The March 2026 acquisition will enable FundBank to improve its blockchain technology and bolster decentralized finance platforms and systems to meet the increasing need for reliable and effective blockchain services.

## Funding rounds

- Seed, Apr 16, 2024, $0.6M — DataOp

## Investors

- DataOp (https://capitalatlas.ai/funds/dataop) — Seed