Truflation partners with LandX to deliver real-time agricultural commodity pricing for DeFi and TradFi investors
Just a month after teaming up with Scannit to improve data transparency and economic insights, Truflation, a leader in real-world asset indices and real-time economic data, has inked a new partnership. This time, the company is teaming up with LandX, a blockchain fintech startup focused on decentralizing farmland markets, promoting responsible land stewardship, and enhancing global food security.
Today, Truflation announced it has partnered with LandX to bring indexed agricultural commodities on-chain and deliver accurate, real-time pricing data for digital investors. By adding agricultural data to Truflation’s expanding suite of indexes, the collaboration offers DeFi and TradFi users transparent access to tokenized assets such as wheat, soy, rice, and corn.
Bridging Agriculture and Digital Finance
As part of the partnership agreement, LandX will supply Truflation with precise pricing data for staple crops, enhancing the capabilities of Truflation’s marketplace. This integration allows users to track agricultural trends and make data-driven investment decisions, strengthening the DeFi ecosystem with reliable, real-time agricultural data.
“We are excited to partner with LandX to bridge the gap between traditional commodities and digital finance,” said Stefan Rust, CEO of Truflation. “Adding agricultural data to our marketplace enriches our ecosystem and provides users with valuable tools to navigate the tokenized asset landscape.”
LandX echoed this sentiment, emphasizing the potential reach of their data. “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 essential insights into the value of tokenized agriculture.”
Expanding Opportunities in DeFi
This collaboration marks another step forward for both companies and the DeFi community, enabling users to diversify their portfolios with robust, index-based data on agricultural commodities. By leveraging Truflation’s marketplace and LandX’s expertise, investors gain access to accurate, transparent data streams, enhancing decision-making and fostering innovation in the tokenized asset space.
Truflation is a leader in real-time, decentralized financial data. Its platform tracks over 20 million items through partnerships with more than 80 data providers, delivering accurate and transparent information to help users make smarter decisions quickly.