Organisations · Fintech or technology firm · British Virgin Islands
TechteryxNew
Owner and issuer of the TrueUSD (TUSD) stablecoin, a British Virgin Islands company that bought the TrueUSD business from TrueCoin LLC in December 2020. It is pursuing claims in Hong Kong and in Dubai's DIFC courts over about US$456 million of TUSD reserves that it says were diverted away from the fund they were meant to be invested in.
Also known as Techteryx Ltd
Headquarters: British Virgin Islands · used for “firms based in” filters (how location works)
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| TrueUSD (TUSD) dollar stablecoin | Issuer, Operator, Platform provider Owner of the TrueUSD business since December 2020; claims beneficial ownership of the reserves. | Live (scaled) | A DIFC Courts, 21 May 2025[1] | Reviewed 14d ago |
Sources
- [1]DEC 001/2025 Techteryx Ltd v (1) Aria Commodities DMCC (2) Mashreq Bank PSC (3) Emirates NBD Bank PJSC (4) Abu Dhabi Islamic Bank PJSC — DIFC Courts, 21 May 2025. Accessed 22 Oct 2026. Reasons of 16 May 2025 (amended 19 May): Techteryx incorporated in the British Virgin Islands (para 90); acquired the TrueUSD business from Truecoin LLC (para 10)..A
- [2]Techteryx Ltd v Legacy Trust Company Limited and others, HCA 1906/2023, [2025] HKCFI 665 — High Court of Hong Kong (copy hosted by NewYorkConvention.org), 11 Feb 2025. Accessed 22 Oct 2026. Decision of 11 Feb 2025; background states Techteryx bought the TUSD business from TrueCoin in December 2020..A
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