LandX and Truflation, the leading source of real-time economic data, are excited to announce a collaboration that will provide digital investors access to trustworthy, real-time agricultural commodity pricing. This collaboration will provide DeFi and TradFi customers with insightful information and clear access to tokenized agricultural commodities, including as important assets like wheat, soy, rice, and corn, by integrating agricultural data into Truflation’s growing portfolio of indexes.
Through this partnership, LandX will use its expertise of commodity prices to provide Truflation with accurate information on staple crops, enhancing the potential of Truflation’s marketplace. By providing reliable, up-to-date agricultural data, this integration improves the DeFi ecosystem by enabling users to track agricultural trends and make more informed decisions.
Stefan Rust, CEO of Truflation stated:
“We are excited to partner with LandX to bridge the gap between traditional commodities and digital finance. Adding agricultural data to our marketplace enriches our ecosystem and gives users valuable tools to navigate the tokenized asset landscape.”
LandX is just as excited about the possible effects of this collaboration. LandX team stated:
“Partnering with Truflation gives LandX the opportunity to bring agricultural assets to the forefront of DeFi. Through Truflation’s impressive network, our data can reach a broader audience, providing users with essential insights into the value of tokenized agriculture.”
By allowing consumers to diversify their investments with reliable, index-based data on agricultural commodities, this relationship represents a significant step forward for both businesses and the DeFi community. Now, users are urged to use Truflation’s data streams and indexes to get exceptional precision in accessing a developing tokenized asset market.
Discover how tokenized agriculture is influencing DeFi’s future by exploring Truflation’s marketplace right now.
Source: https://thenewscrypto.com/truflation-and-landx-partner-to-bring-real-time-indexed-agricultural-data-on-chain/