Naga Co-Founder Ben Bilski Launches "True Trading AI"

Ben Bilski, known for co-founding NAGA Group and his past as a German swimming champion, has re-entered the cryptocurrency space with a new venture called "True Trading AI." This decentralized exchange (DEX) is currently in a pre-launch phase and claims to be the "world's first AI-native DEX," combining large language models with Solana's high-speed infrastructure.

True Trading AI differentiates itself from conventional exchanges by purporting to evolve with market behavior. Its backend is powered by a "trainable" large language model designed to learn from live trading activity, market news, and user interactions.

Bilski articulated this capability on LinkedIn, stating, "TRUE is not just another DEX. It's trainable. It learns. It adapts. It improves." The platform also automates various trading workflows, including risk management, onboarding, and settlement, with what Bilski describes as a fully agentic backend handling processes from KYC to pay-in/pay-out flows. The architecture is built on a custom Layer 2 protocol that leverages Solana's transaction speed and low fees, promising full on-chain transparency with public vaults for liquidity and trade settlement.

Bilski, a Polish/German serial tech entrepreneur who previously led NAGA Group to a public listing and nearly a million users, noted what he perceives as deep-rooted flaws in existing crypto market-making and liquidity provision. He suggests that True Trading AI offers a different approach by incorporating "democratized liquidity pools, a proprietary blockchain built for scalability, social trading elements, and AI-driven tools crafted for traders."

His project appears to be an attempt to provide a decentralized alternative to centralized order book systems, which he claims can be susceptible to price manipulation by market makers. This new venture comes nearly a year after Bilski's departure from NAGA Group following its acquisition by CAPEX.com.