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Home»Exchanges»KuCoin Lists Truflation (TRUF), a Rising Star in Real-World Asset Tokenization
Exchanges

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

NBTCBy NBTC10/04/2024No Comments2 Mins Read
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Prominent global exchange KuCoin has declared support for Truflation (TRUF), a fast-growing crypto project focused on real-world asset (RWA) tokenization. KuCoin announced the move to list TRUF among tradable assets on its spot platform via its official website and X handle on April 8.

💥World Premiere💥

📢 New Listing@truflation $TRUF Gets Listed on #KuCoin!

💎Pair: TRUF/USDT
💎Deposit: now open (network: ETH-ERC20, ARB-ERC20)
💎Trading: 9:00 on April 9, 2024 (UTC)

— KuCoin (@kucoincom) April 8, 2024

Furthermore, in the report, KuCoin expressed satisfaction in adding Truflation’s token to its spot trading platform and recognized it as an excellent project. Accordingly, KuCoin has opened the door for depositing Truflation’s tokens via the two supported networks: Ethereum ( ETH-ERC20) and Arbitrum (ARB-ERC20).

Significantly, trading for the TRUF token is set to begin on Tuesday, April 9, at 09:00 AM UTC. Following a 24-hour period, the exchange will activate withdrawal services for the TRUF token. The trading pair available for the TRUF token is the Tether USD (USDT) stablecoin.

For those unfamiliar, Truflation serves as the primary Definite Reference Point (DRP) for economic accuracy, spearheading the tokenization of Real-World Assets through its independent, transparent, and real-time financial data.

With an extensive index monitoring over 13 million items, Truflation provides censorship-resistant data infrastructure, driving systemic progress in the DeFi economy. This enables decentralized applications (dApps) like DEXs to access limitless markets.

From forecasting orange juice and uranium prices to facilitating BTC-denominated oil, gas, and corn markets, Truflation unlocks a diverse array of financial instruments, ushering in a new era in the Web3 landscape.

Notably, the project has received backing from established players in the crypto space, such as Chainlink (LINK) and leading U.S-based exchange Coinbase.

Before KuCoin added Truflation’s token to its list, the exchange had already supported tokens from other emerging crypto projects, including Partisia Blockchain’s MPC token, PATEX, Solidus Ai Tech’s AITECH, SAROS, and Manta Network’s native token.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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