KuCoin Lists Truflation (TRUF), a Rising Star in Actual-World Asset Tokenization

• KuCoin has listed the native token of the RWA-focused venture Truflation (TRUF).
• Buying and selling Truflation’s token will begin on April 9, whereas withdrawals will open the following day.
• Truflation is backed by Chainlink (LINK) and main U.S.-based change Coinbase.

Outstanding world change KuCoin has declared help for Truflation (TRUF), a fast-growing crypto venture centered on real-world asset (RWA) tokenization. KuCoin introduced the transfer to record TRUF amongst tradable property on its spot platform by way of its official web site and X deal with on April 8.

Moreover, within the report, KuCoin expressed satisfaction in including Truflation’s token to its spot buying and selling platform and acknowledged it as a superb venture. Accordingly, KuCoin has opened the door for depositing Truflation’s tokens by way of the 2 supported networks: Ethereum ( ETH-ERC20) and Arbitrum (ARB-ERC20).

Considerably, buying and selling for the TRUF token is ready to start on Tuesday, April 9, at 09:00 AM UTC. Following a 24-hour interval, the change will activate withdrawal companies for the TRUF token. The buying and selling pair accessible for the TRUF token is the Tether USD (USDT) stablecoin.

For these unfamiliar, Truflation serves as the first Particular Reference Level (DRP) for financial accuracy, spearheading the tokenization of Actual-World Belongings by way of its unbiased, clear, and real-time monetary knowledge. 

With an intensive index monitoring over 13 million objects, Truflation gives censorship-resistant knowledge infrastructure, driving systemic progress within the DeFi economic system. This allows decentralized functions (dApps) like DEXs to entry limitless markets. 

From forecasting orange juice and uranium costs to facilitating BTC-denominated oil, gasoline, and corn markets, Truflation unlocks a various array of economic devices, ushering in a brand new period within the Web3 panorama.

Notably, the venture has obtained backing from established gamers within the crypto area, akin to Chainlink (LINK) and main U.S-based change Coinbase.

Earlier than KuCoin added Truflation’s token to its record, the change had already supported tokens from different rising crypto initiatives, together with Partisia Blockchain’s MPC token, PATEX, Solidus Ai Tech’s AITECH, SAROS, and Manta Community’s native token.