[Carlsbad, CA] – January 16, 2024 – True I/O, a leading provider of real-time blockchain security and Web3 authentication solutions, has joined forces with OroBit, an innovator in Bitcoin Layer 2 technology and asset tokenization. Together, the companies aim to redefine real-world asset (RWA) tokenization, a rapidly growing market estimated at $12 trillion, by delivering secure, transparent, and scalable blockchain-powered solutions.
A Partnership Built to Transform
The partnership leverages True I/O’s advanced security framework and OroBit’s cutting-edge tokenization capabilities to unlock new opportunities for enterprises seeking secure and efficient access to tokenized assets.
Key Elements of the Partnership
- Fortified Blockchain Security: True I/O will integrate its tamper-evident blockchain solutions into OroBit’s ecosystem, ensuring unparalleled data integrity for tokenized asset transactions.
- Expanded Access to Tokenized Markets: OroBit’s expertise in Bitcoin Layer 2 technology complements True I/O’s innovations, providing a seamless gateway for businesses to tokenize high-value assets securely.
- Commitment to Industry Advancement: Both companies are dedicated to accelerating the adoption of blockchain for real-world applications, combining security, scalability, and user-friendly tools.
“This collaboration marks a significant step forward in our mission to revolutionize blockchain security for enterprise applications,” said Vincent Maher, CEO of True I/O. “With OroBit’s expertise in Bitcoin-native technologies, we’re positioned to lead the next wave of asset tokenization with unmatched security and efficiency.”
OroBit’s Managing Director, Warwick Denman, echoed this sentiment, stating, “True I/O’s cutting-edge security solutions perfectly align with our vision of bringing scalable and secure decentralized finance solutions to the global market. This partnership strengthens our ability to deliver value to businesses across industries.”
Driving Innovation in Blockchain
As blockchain adoption accelerates across industries such as finance and IoT, True I/O and OroBit are poised to deliver groundbreaking solutions for enterprises transitioning to tokenized asset management. True I/O, having successfully closed a $10 million tokenized Series A funding round, has cemented its role as a leader in blockchain security. OroBit, through its partnership with Deal Box, continues to push boundaries with innovative Bitcoin-native technologies.
About True I/O
True I/O specializes in blockchain security, offering real-time tamper-evident solutions, IoT authentication, and advanced Web3 identity tools. By ensuring trust and transparency, True I/O empowers businesses to embrace scalable and secure blockchain implementations. For more information, visit www.trueio.io.
About OroBit
OroBit is a trailblazer in asset tokenization and decentralized finance, leveraging Bitcoin Layer 2 smart contracts to deliver scalable and secure solutions. Anchored by real gold, OroBit blends innovation with reliability to redefine tokenized markets. Learn more at www.orobit.ai.
Media Inquiries
Thomas Carter
Email: thomas@dealbox.io
Warwick Denman
Managing Director, OroBit, Inc.
Email: invest@orobit.ai
4o