Truflation

Truflation

Verified
Daily, unbiased, data-driven, real-market inflation rate available on-chain for DeFi product. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$24—36m (Dealroom.co estimates Feb 2024.)
San Francisco California (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-29 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
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Recent News about Truflation

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Truflation is a pioneering startup that operates in the financial data sector, providing real-time, transparent, and independent economic data on-chain. The company's primary market includes traders, decentralized exchanges (DEXs), and financial institutions who utilize this data to build robust financial tools. Truflation's business model is centered around the tokenization of RWA (Real World Assets), a process that involves converting physical assets into a digital format, making them accessible and tradable on blockchain networks.

The company's unique selling point is its commitment to data transparency and accessibility. Unlike traditional data sources, which can be delayed, manipulated, or outdated, Truflation offers real-time data from over 30 sources, encompassing more than 13 million data points. This data is made available through an API, allowing for seamless integration into various financial applications and tools.

Truflation also offers a range of indexes and data feeds, designed to support the development of innovative financial products. These include the Truflation Aggregated US Index and the Orange Juice Futures Feed, which represents the enduring role of gold as a precious metal and safe-haven asset.

In terms of revenue generation, Truflation likely monetizes its services through subscription fees for access to its API and data feeds, as well as potential transaction fees for the tokenization of RWA.

Keywords: Financial Data, Real-Time, Transparent, On-Chain, Traders, DEXs, Institutions, RWA Tokenization, Data Feeds, API.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.