TruFin

TruFin launched in 2022 as an institutional liquid staking protocol. In March 2026 the company rebranded as TruYields, reflecting an expansion beyond staking into a broader yield infrastructure platform. The core mission remained unchanged: making onchain yield secure, compliant, and scalable for regulated financial institutions, asset managers, and digital asset treasuries. The original trufin.io domain now redirects to truyields.com.

Platform Architecture

TruYields organises its products into four verticals:

TruStake is the liquid staking arm. It issues yield-bearing receipt tokens when institutions deposit native layer-1 assets. For Solana, depositing SOL through the TruStake SOL Vault mints TruSOL. Equivalent products exist for Aptos (APT), Injective (INJ), NEAR, and Polygon (POL). Each TruStake token is permissioned at the mint/burn layer — only KYC/AML-approved wallets can interact directly with the smart contracts — while the tokens themselves transfer freely across DeFi once issued, enabling capital efficiency without sacrificing compliance controls.

TruCore provides access to USD yield and tokenized real-world asset (RWA) income streams, designed for institutions seeking exposure to tokenized fixed-income instruments without navigating fragmented DeFi interfaces.

TruVault packages curated yield strategies developed with leading vault curators and ecosystem partners, giving institutions a single access point for diversified onchain returns.

TruBILL, introduced alongside the TruYields rebrand, brings U.S. Treasury bill yield directly onto Solana, targeting treasury teams and asset managers seeking short-duration, dollar-denominated yield within a regulated wrapper.

TruSOL: Solana Institutional Liquid Staking

TruSOL is the project's flagship Solana product, launching for general institutional availability on September 25, 2025.

The product follows a five-step workflow. Institutions complete onboarding through a KYC/AML compliance process; approved wallet addresses are then allow-listed. Next, the institution deposits SOL into the TruStake SOL Vault and receives TruSOL receipt tokens representing their stake plus accruing rewards. Staking rewards are automatically restaked with priority fee sharing factored in, compounding returns. Institutions can access liquidity through OTC counterparties and supported venues while still holding TruSOL. When ready to exit, they burn TruSOL to redeem the underlying SOL.

This design targets two institutional demand patterns: Digital Asset Treasury companies formalizing on-chain treasury workflows, and larger institutions expanding SOL allocations as Solana's liquidity and ecosystem maturity have grown.

Key Partnerships and Launch Infrastructure

TruSOL launched with a deep partner stack built to meet institutional operational requirements.

On custody, the product integrates with Anchorage Digital, Copper, and Utila — three qualified custodians with existing relationships across institutional crypto desks. This means institutions can interact with TruSOL through custody rails they already operate.

On the liquidity and prime brokerage side, FalconX and GSR provide OTC trading support, allowing institutions to enter or exit TruSOL positions without incurring on-chain slippage.

Staking infrastructure is handled by Twinstake and a set of curated validator providers, ensuring the underlying SOL delegation is directed to high-quality, performant validators.

Within Solana DeFi, Kamino is the initial integration partner, making TruSOL usable as collateral and within yield strategies inside the Kamino lending and liquidity ecosystem — one of Solana's highest-TVL venues.

Security and Compliance

Smart contracts for TruSOL on Solana were independently audited by Halborn, a firm specialising in blockchain security with extensive Solana ecosystem experience. An ongoing bug bounty program through Immunefi provides continuous security incentivisation. The protocol operates explicit change-control processes: smart contract upgrades and parameter changes go through defined approval workflows rather than ad hoc deployment, satisfying internal governance requirements for regulated institutions.

The permissioned access model — KYC/AML gating at the mint/burn interface — is designed to satisfy compliance requirements for regulated entities that cannot participate in fully permissionless protocols. TruFin also operates a Trust Centre providing institutional counterparties with documentation required for due diligence and internal approval processes.

Team and Investors

Matt Molloy serves as CEO. The company is incorporated as TruFin (BVI) Limited, with the TruYields brand applied to the customer-facing platform.

The investor base is institutionally oriented. SC Ventures — Standard Chartered's venture and fintech investment unit — led a strategic investment round, with participation from Laser Digital (Nomura's digital asset subsidiary), FalconX, and Road Capital. The presence of Standard Chartered and Nomura affiliates in the cap table reflects genuine institutional conviction in the compliance-first approach.

Solana Ecosystem Fit

TruFin describes itself as taking a Solana-first approach. Solana's low transaction costs, high throughput, and growing institutional attention made it the natural anchor chain for the platform.

TruSOL connects institutional SOL holders to the Kamino DeFi ecosystem, routing permissioned liquid staking tokens into one of Solana's largest lending and yield venues. TruBILL deepens the platform's Solana footprint further by addressing the dollar-yield demand that many treasury teams prioritize alongside native SOL staking exposure.

The March 2026 rebrand from TruFin to TruYields expanded the product surface — adding TruCore, TruVault, and TruBILL alongside the core TruStake offering — while maintaining Solana as the primary delivery chain. The platform positions itself as the institutional bridge between traditional financial compliance requirements and Solana's onchain yield infrastructure.