Truflation Teams with Kinto, the Safety-First L2

Truflation, leading provider of unbiased economic data, is delighted to unveil its collaboration with Kinto, a KYC-compliant Layer 2 solution bridging traditional finance (TradFi) and DeFi for Real World Assets (RWA). With the RWA space steadily growing toward a $1B market size, Truflation recognizes the critical need for compliant and secure infrastructure within an industry struggling to meet regulatory standards.

While RWA protocols have made strides in establishing compliance within DeFi, they still face challenges in integrating with open networks. Kinto.xyz addresses this gap by offering a Sybil-resistant blockchain with user-owned KYC and enforced account abstraction, catering to the unique needs of the finance sector.

Stefan Rust, CEO of Truflation, expressed his excitement about the partnership: "We're thrilled to provide real-time, independent data indexes that are designed to support the growth of RWA tokenization, ushering trillions of dollars onto the blockchain."

Together, Truflation and Kinto.xyz aim to accelerate the adoption of RWA tokenization, offering innovative solutions to enhance compliance, security, and accessibility in the decentralized finance space. Stay tuned for more updates on this dynamic partnership. 

About Truflation

Truflation is the first DRPp (Definitive Reference Point) protocol. The protocol tracks real-time data across networks, markets, and feeds. Tracking over 18 million items with three price feeds per item, Truflation’s censorship-resistant and accessible data indices provide the necessary data infrastructure to bring about systemic advancements in the DeFi economy, empowering dApps like DEXs and open, limitless markets. From speculating on prices of orange juice and uranium, to enabling BTC-denominated oil, gas, and corn prices, Truflation provides the key to unlocking a diverse array of financial markets and Web3 instruments.

Learn more about Truflation: www.truflation.com