Securitize and Redstone Pilot Trusted Single Source Oracle to Secure Tokenized Fund Net Asset Value

Tokenized asset issuer Securitize and oracle provider RedStone have released a white paper aimed at introducing a new model for securely verifying on-chain net asset value (NAV) data, specifically for tokenized private equity funds. The model, called Trusted Single Source Oracle (TSSO), is designed to address a key gap in decentralized finance ($DeFi) infrastructure: how to reliably prove that each net asset value update does indeed come from a trusted source and cannot be tampered with once it is on-chain. (CoinDesk) [Odaily]