New listings: SMT, ONDO, and TRUF now on Bitstamp
At Bitstamp, we’re committed to broadening our array of digital assets to meet the diverse needs and interests of our customers. We're excited to introduce three new cryptocurrencies, each offering unique functionalities and opportunities. Here's everything you need to know about SMT, ONDO, and TRUF.
Listing schedule
We are listing the following pairs globally.*
Introducing SMT
Swarm Markets Token (SMT) operates on the Ethereum blockchain following the ERC20 standard, facilitating smoother transactions within Swarm’s RWA platform. Designed to create a streamlined experience, SMT offers users reduced protocol fees and rewards based on liquidity, RWA issuance and staking. It’s not just a payment token; it’s a fundamental part of Swarm’s ecosystem, enhancing user engagement and incentivizing the issuance of tokenized assets, including stocks, bonds, and commodities.
ONDO explained
The ONDO token is the cornerstone of the Ondo Foundation’s initiative to usher in a new era of financial inclusivity and efficiency. As a governance token for the ONDO DAO, it plays a pivotal role in democratizing decisions within the platform. The foundation, a nonprofit entity with no beneficial owners, focuses on creating and promoting on-chain financial products that are accessible to all, thereby fostering a fairer financial landscape.
Understanding TRUF
TRUF is an innovative ERC20 token that underpins the Truflation Stream Network (TSN), a unique platform designed to integrate real-time economic data into decentralized finance applications. TRUF facilitates operations of data provider nodes and supports the processes of data provision, consumption, and governance. It’s geared towards empowering the tokenization of real-world assets and providing accurate economic metrics for better financial decision-making.
Why these additions matter
These new cryptocurrencies diversify the trading options available on Bitstamp while also bringing fresh utilities and innovations into the ecosystem. From fostering financial inclusivity to integrating real-time economic data into blockchain technologies, these tokens represent our ongoing commitment to enhancing the trading experience for our community.
We invite you to explore these new offerings and consider how they might fit into your crypto strategies. Whether you're looking for engagement, governance, or real-time data integration, these tokens provide a range of options to enhance your portfolio.
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*The listing schedule times might be subject to change. The pairs are listed globally, except in Singapore.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and may not be suitable for all investors. Past performance is not a reliable indicator of future results. The performance of cryptoassets can be highly volatile. Learn more about risks here.