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Securitize and Redstone Pilot Trusted Single Source Oracle to Ensure Security of Tokenized Fund Asset Net Asset Value

Summary: In a breaking news development, tokenized asset issuer Securitize and oracle provider RedStone have released a whitepaper introducing a new model for securely verifying on-chain Net Asset Value (NAV) data specifically for tokenized private funds. The model, known as Trusted Single Source Oracle (TSSO), aims to address a key gap in decentralized finance (DeFi) infrastructure: ...

In a breaking news development, tokenized asset issuer Securitize and oracle provider RedStone have released a whitepaper introducing a new model for securely verifying on-chain Net Asset Value (NAV) data specifically for tokenized private funds. The model, known as Trusted Single Source Oracle (TSSO), aims to address a key gap in decentralized finance (DeFi) infrastructure: how to reliably prove that each asset value update indeed comes from a trusted source and cannot be tampered with once on-chain. (CoinDesk)

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