Securitize, a tokenized asset issuer, and RedStone, an oracle provider, have unveiled a white paper introducing the Trusted Single Source Oracle (TSSO) model. This new framework aims to securely verify on-chain net asset value (NAV) data for tokenized private equity funds. The TSSO model addresses a significant challenge in decentralized finance (DeFi) by ensuring that NAV updates are sourced from a trusted entity and remain immutable once recorded on the blockchain.
Securitize and RedStone Launch Trusted Oracle Model for Tokenized Funds
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