Truflation and BitGo Join Forces to Power Innovation in Decentralized Finance
Truflation, the leading provider of real-time economic data, and BitGo, a pioneer in digital asset financial services, today announced a strategic partnership to enhance the accessibility of Truflation's native token, $TRUF, for institutional investors.
This collaboration marks a significant milestone in the decentralized finance (DeFi) space, as it brings together TRUF.Network’s cutting-edge economic data infrastructure with BitGo's secure and compliant digital asset custody solutions.
Key Highlights of the Partnership:
- Institutional-Grade Custody: BitGo will provide secure custody services for the $TRUF token, enabling enterprise and institutional customers to safely hold and trade the asset.
- Enhanced Liquidity: The partnership will increase the liquidity of $TRUF by making it available to BitGo's extensive network of institutional clients.
- Compliance and Security: BitGo's industry-leading security measures and regulatory compliance will provide additional trust and reliability for institutional investors interested in accessing TRUF.Network ecosystem.
Stefan Rust, CEO of Truflation, commented on the partnership: "We are thrilled to collaborate with BitGo to bring our $TRUF token to a wider institutional audience. This partnership aligns perfectly with our mission to democratize access to real-time economic data and DeFi opportunities."
Mike Belshe, CEO of BitGo, added: "We're excited to support Truflation's innovative approach to economic data by offering our secure custody solutions for the $TRUF token. This partnership underscores our commitment to fostering growth and innovation in the digital asset space."
The integration of $TRUF into BitGo's custody platform is expected to be completed by the end of Q1 2025, opening new avenues for institutional participation in Truflation's ecosystem.
About Truflation & TRUF.Network
Truflation is revolutionizing economic data by providing independent, real-time inflation data and other economic metrics. By leveraging the decentralized technologies of TRUF.Network, Truflation aims to make economic data more accessible, accurate, and transparent for individuals and businesses worldwide.
About BitGo
BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions. With over a decade of experience in blockchain technology, BitGo is at the forefront of building the financial infrastructure of the future.
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