Switzerland – RedStone Oracles, the fastest-growing DeFi oracle, today announced that they’ve been selected as the oracle partner by Securitize. This partnership will enable RedStone to deliver price feeds for Securitize’s current and future tokenized products. As the leader in real-world asset (RWA) tokenization, Securitize collaborates with some of the world’s largest financial institutions, including Apollo, BlackRock, Hamilton Lane, and KKR.
As Securitize’s first blockchain oracle provider, RedStone will supply price feeds for RWAs tokenized by Securitize, such as the Apollo Diversified Credit Securitze Fund (ACRED) and the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This collaboration will significantly expand the potential use cases for these assets, including applications in money market exchange venues or as collateral in decentralized finance (DeFi) platforms.
Real-world assets are a growing segment of the on-chain economy, currently valued over $17B1 (excluding stablecoins). To support this rapid expansion, Securitize requires a precise, reliable, and adaptable data feeds infrastructure. RedStone's innovative architecture ensures unparalleled price accuracy and data integrity, with a flawless track record of zero mispricing incidents. Its modular design allows for custom pricing methodologies tailored to the needs of RWA providers, offering seamless integration capabilities.
“Securitize has proven itself as a leader in the tokenized assets sector. After months of due diligence, we are proud to become the blockchain oracle partner supporting their expansion into the DeFi landscape, such as Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE) and all other tokenized funds, stated Marcin Kazimierczak, Co-founder and COO of RedStone. Thanks to our unique modular infrastructure, RedStone is well positioned to accelerate the adoption of Securitize’s products in the DeFi and on-chain finance ecosystems.”
RedStone delivers high-quality, secure data feeds across EVM and non-EVM chains, ensuring scalable growth for Securitize in DeFi. This partnership enhances trust, legitimacy, and a comprehensive cross-chain oracle delivery, supported by the highest security standards.
“To fully realize the potential of blockchain technology, tokenized securities must thrive on public, permissionless blockchains, such as Ethereum, which serve as the most efficient settlement layer for value transfer,” states Carlos Domingo, Co-founder and CEO of Securitize. “Our partnership with RedStone allows us to not only transact with tokenized securities on-chain, but also integrate them into existing DeFi infrastructure and develop entirely new DeFi primitives, marrying traditional finance giants and crypto native applications.”
As of July 2024, the global securities market reached $255$ trillion2 and the on-chain economy is poised for exponential growth. Securitize is well-positioned to lead this wave with RedStone as a key oracle partner.
About RedStone
RedStone is a leading blockchain oracle provider delivering fast, gas-efficient cross-chain data feeds to power DeFi protocols on Ethereum, Avalanche, and Polygon. Backed by $15M in funding led by Arrington Capital, RedStone prioritizes scalability, security, and interoperability. Using Arweave for permanent data storage, RedStone ensures reliable and secure smart contract functionality, making it an essential partner for DeFi projects. For more information, please visit https://redstone.finance/.
About Securitize
Securitize, the leader in tokenizing real-world assets, is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR and others. Securitize, through its subsidiaries, is a SEC-registered broker-dealer, digital transfer agent, fund administrator, and operator of a SEC-regulated Alternative Trading System (ATS). For more information, please visit www.securitize.io.
Media Contact: Press@securitize.io
Securitize Endnotes & Disclosures
1 As of Feb 3, 2024 tokenized US treasuries, global bonds, private credit, commodities, institutional funds, and stocks. https://app.rwa.xyz
2 https://www.ft.com/content/9e691774-f3e1-4a75-8eb2-bdc9ec438eaa
Securities are offered through Securitize Markets, LLC, (“Securitize Markets”) a registered broker-dealer and member FINRA/SIPC. Securitize Markets, LLC, and Securitize Capital, an Exempt Reporting Adviser, are not involved in Real-World Asset (RWA) tokenization, a service provided by Securitize. Assets such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal.
Securitize, Inc. (Securitize) is a Delaware corporation. Securitize is a technology provider which, together with its affiliates, maintains an end-to-end web-based platform used by issuers for issuing securities, specifically including digital asset securities. Securitize is not a registered broker-dealer.
Securitize, LLC is a transfer agent registered with the U.S. Securities and Exchange Commission.
Securitize Markets also operates Securitize Markets ATS, an alternative trading system. Securitize Capital, LLC is an exempt reporting adviser filed with the State of Florida.