TruFin

TruYields, operating under the legal entity TruFin (BVI) Limited and formerly branded as TruFin, is an institutional yield platform built primarily on Solana. It provides regulated financial institutions, asset managers, digital asset treasuries, custodians, and exchanges with permissioned access to onchain yield across three product categories: liquid staking, tokenized real-world asset yield, and curated vault strategies.

Background and Rebrand

TruFin was founded in June 2022 with a focus on making blockchain-based yield accessible to institutions operating under regulatory and compliance constraints. The company rebranded to TruYields in March 2026 to reflect its expansion from a single liquid staking product into a multi-vertical yield infrastructure platform. The underlying mission remained unchanged: making onchain yield secure, compliant, and scalable for regulated financial players. The platform is Solana-first by architecture, though it also supports NEAR, Polygon, Aptos, and Injective.

Products

TruStake — Liquid Staking

TruSOL is TruFin's permissioned liquid staking product for SOL, which reached general availability on September 25, 2025. Users complete KYC/AML onboarding, after which their wallet addresses are placed on an allowlist. Approved depositors mint TruSOL, a reward-bearing token, by depositing SOL into the staking vault. Staking rewards are automatically restaked for compounding, and depositors also receive a share of priority fees. When an institution wants to exit, it burns TruSOL to retrieve SOL.

A key design choice is that while minting and burning TruSOL requires a permissioned wallet, the TruSOL token itself transfers freely within DeFi protocols, so institutional holders can deploy it in yield strategies without giving up the compliance benefits attached at issuance. Staking delegation is handled either by user-selected validators or by auto-managed allocations; Twinstake is named as a staking partner. Liquidity is supported through an OTC counterparty network that includes Ergonia, FalconX, and GSR.

TruStake also covers NEAR and Polygon through companion products (TruNEAR, TruPOL).

TruCore — USD and Tokenized RWA Yield

TruCore provides institutional access to USD and tokenized real-world asset yield through permissioned issuance and redemption workflows. The flagship product is TruBILL, which launched in July 2026. TruBILL delivers tokenized U.S. Treasury yield on Solana, backed by the ULTRA Fund, with T+0 redemptions and onchain utility for institutional holders. No specific yield rates are published; the platform discloses that yields are variable.

TruVault — Curated Strategy Yield

TruVault offers curated yield strategies managed by professional vault curators. One example is TruRLP, a vault built around Raydium liquidity positions on Solana. The product targets institutions seeking managed exposure to onchain yield strategies without needing to operate the underlying positions themselves.

How Permissioning Works

All three product lines share a common compliance framework. Institutional clients complete a permissioned onboarding process involving KYC and AML checks before they can interact with any minting or redemption function. Custody integrations are central to the offering: named partners include Anchorage Digital, Copper, and Utila. This model allows institutions to hold and transact onchain yield products within their existing qualified custody arrangements rather than requiring adoption of new custody infrastructure.

Security

TruFin's Solana Staker program was audited by Halborn over February 14 to 26, 2025. The assessment identified several improvement recommendations, including explicitly verifying signer keys against owner keys, ensuring the InitializeStaker instruction is invoked by a trusted address, and requiring multiple signers in stake reallocation operations. The TruFin team accepted or acknowledged each finding. An ongoing bug bounty program is maintained through Immunefi for continuous risk monitoring.

Funding and Backers

In February 2026, TruFin secured a strategic investment round led by SC Ventures, the venture and investment arm of Standard Chartered, with participation from FalconX and Road Capital. The round expanded a prior investor base that includes Brevan Howard Digital, Digital Currency Group (DCG), Laser Digital, and Republic. The specific investment amount was not disclosed publicly.

Ecosystem Position

TruYields addresses a gap in the institutional market: regulated entities that want exposure to Solana staking yields and tokenized asset returns but cannot use permissionless protocols without compliance controls. By combining permissioned access at the token lifecycle layer with free transferability of the resulting tokens in DeFi, the platform allows institutional holders to participate in Solana's broader ecosystem without surrendering the auditability and KYC controls their mandates require.