[Carlsbad, CA] – January 16, 2024 – True I/O, a leader in blockchain security specializing in tamper-evident technology, IoT authentication, and Web3 identity solutions, has announced a groundbreaking partnership with OroBit, a trailblazing platform leveraging Bitcoin Layer 2 technology for tokenized private markets. This collaboration seeks to transform the $12 trillion real-world asset (RWA) tokenization market by integrating advanced security infrastructure with cutting-edge tokenization capabilities.
Partnership Objectives
By combining True I/O’s innovative blockchain security systems with OroBit’s Bitcoin-native solutions, the partnership aims to reshape financial and asset management processes, driving efficiency and trust in tokenized ecosystems.
Key Highlights of the Partnership
- Unmatched Blockchain Security: True I/O’s real-time, tamper-proof blockchain tools will ensure the integrity and reliability of OroBit’s tokenized asset transactions.
- Seamless Market Access: OroBit’s expertise in Bitcoin Layer 2 technology, combined with True I/O’s secure platforms, offers enterprises a streamlined pathway to tokenize high-value real-world assets.
- Driving Blockchain Innovation: Both companies are committed to bridging scalability, security, and usability to drive real-world blockchain adoption.
“This collaboration aligns seamlessly with True I/O’s vision of delivering enterprise-grade blockchain solutions,” said Vincent Maher, CEO of True I/O. “Partnering with OroBit enables us to unlock the next phase of asset digitization with enhanced security and scalability for businesses.”
Warwick Denman, Managing Director of OroBit, shared similar enthusiasm. “True I/O’s impeccable track record in blockchain security perfectly complements our mission to revolutionize decentralized finance through Bitcoin Layer 2 smart contracts. Together, we’re setting new standards for secure and scalable enterprise solutions.”
Strategic Impact
The partnership arrives at a pivotal moment as blockchain technology becomes an integral part of industries like finance, IoT, and asset management. True I/O, having recently closed a $10 million tokenized Series A funding round, is well-positioned to provide critical security solutions. OroBit, alongside Deal Box, continues to push the boundaries of Bitcoin-native financial applications. Together, the companies are poised to lead the tokenization revolution, ensuring enterprises can adopt secure and efficient blockchain-based asset management systems.
About True I/O
True I/O is a blockchain security pioneer offering tamper-evident solutions, IoT authentication, and scalable Web3 identity management. Focused on trust, transparency, and security, True I/O empowers businesses to securely embrace blockchain technology. Learn more at www.trueio.io.
About OroBit
OroBit combines Bitcoin Layer 2 smart contracts with asset tokenization, blending traditional finance with blockchain innovation. Backed by real gold, OroBit delivers security and reliability in decentralized finance solutions. Discover more at www.orobit.ai.
Media Contacts
Thomas Carter
Email: thomas@dealbox.io
Warwick Denman
Managing Director, OroBit, Inc.
Email: invest@orobit.ai
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