Securitize and Redstone pilot trusted single source oracle to ensure the security of net asset value of tokenized funds

Odaily Planet Daily News: Securitize, a tokenized asset issuer, and RedStone, a oracle provider, 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. This model, known as Trusted Single Source Prophet (TSSO), deliberately addresses a key gap in decentralized finance (DeFi) infrastructure: how to reliably prove that each asset net worth update does indeed come from a trusted source and will not be tampered with once it is on the blockchain. （CoinDesk）