TechFlow reported, according to bnnbreaking, Truflation, an on-chain oracle project, has raised $6 million in its latest funding round. The round was co-led by Laser Digital and Red Beard Ventures, with participation from Modular Capital, Four Seasons Ventures, Chainlink, Fundamental Labs, C2squared, Cogitent Ventures, and the Israeli Blockchain Association.
Truflation's Decentralized Reference Point (DRP) protocol aggregates real-time data across networks to provide accurate and accessible data indices, positioning it as a key enabler for various financial markets and instruments in the Web3 ecosystem.
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