Oracle Truflation completes US$6 million in financing, led by Laser Digital and Red Beard Ventures

On-chain oracle project Truflation announced the completion of $6 million in financing, led by Laser Digital and Red Beard Ventures, with participation from Modular Capital and existing investors such as Four Seasons Ventures, Chainlink, Fundamental Labs, C2squared, Cogient Ventures and the Israel Blockchain Association. cast. It is understood that Truflation mainly aggregates real-time data on the chain through its DRPp protocol to provide accurate and accessible data indexes for various financial markets and tools in the Web3 industry. The new funds will be used to build broader market data for developers. (bnnbreaking)