- Analysts expect Truflation’s Generative AI industry to reach $1.3 trillion by 2032.
- Six firms were included, which improved AI and RWA tracking.
Truflation, a leading source of real-time financial data, is pleased to announce the debut of the AI Index, a ground-breaking tool for monitoring the success of AI companies and the real-world assets (RWAs) that power the generative AI sector. This launch comes at a critical juncture in the worldwide generative AI firm, which is worth $44.89 billion (Statista) and is expected to grow to $1.3 trillion by 2032, according to Bloomberg Intelligence.
Notably, 92% of Fortune 500 organizations have already implemented generative AI in their operations, demonstrating its expanding importance. The AI Index comprises six companies that are Artificial S-Intelligence Alliance, Akash Network, AIOZ Network, Bittensor, Echelon Prime, and Render. The index is a crucial tool for evaluating performance in both traditional and decentralized finance systems. It serves as a reliable benchmark, helping users gauge market trends and investment outcomes.
Stefan Rust, CEO of Truflation, highlighted the index’s value to investors, saying, “The AI Index targets investors seeking growth by harnessing real-time data and diversifying across core asset classes. Truflation provides a wide range of instruments for monitoring both prices and the effects of inflation.”
Decentralized Data Feeds Enhances Financial Tracking
Truflation’s decentralized data feeds, indexes, and oracles are critical for decentralized finance (DeFi) applications, which require precise pricing for a variety of real-world assets. Truflation offers a reliable, real-time data source for on-chain protocols. It monitors over 20 million goods through partnerships with more than 80 data suppliers.
The company is making significant progress in providing extensive on-chain data. This includes specialized dashboards that track inflation metrics in the United States, United Kingdom, and Argentina.
Digital Asset Solutions AG, a pioneer in digital financial transition, has partnered with Truflation to provide specialized asset management solutions. Together, they will also offer expert digital asset advising services. “The AI sector is increasingly making strides within blockchain technology, offering not only accessible entry points for investors but also unlocking entirely new avenues of economic potential through decentralization,” stated Stefan Hochle, DAS’s Head of Investment Strategy.
Truflation acts as the primary Definite Reference Point (DRP) for economic integrity. Its innovative Truflation Stream Network facilitates the tokenization of real-world assets (RWAs). This decentralized and transparent data oracle ensures accurate and reliable data for the tokenization process. This network, which tracks over 20 million products, is censorship-resistant and creates new markets for decentralized apps (dApps). Truflation, with capabilities ranging from estimating commodity prices such as orange juice and uranium to supporting Bitcoin-denominated markets for oil, gas, and corn, is ready to create new financial instruments in the developing Web3.
