Truflation, a provider of real-world asset (RWA) indices, has partnered with Sphinx, a derivatives trading platform, to bring added value to both platforms. The collaboration aims to combine Sphinx's blockchain-based commodities trading infrastructure with Truflation's real-time inflation data, particularly in the commodities needed for industries such as Electric Vehicles (EVs) and renewable energy. Through this partnership, users will have access to trading in futures, options, and perpetual swaps using Truflation's real-time inflation rates. The CEOs of both companies highlighted the opportunities this partnership will provide in the energy industry and derivatives trading. The partnership indicates a move towards harnessing decentralized financial data and trading solutions to meet the emerging demand in the energy and commodity sectors.
- Content Editor ( blockchainreporter.net )
- 2024-10-04
Truflation Partners with Sphinx to Enhance Commodities Trading