RedStone and Securitize Launch Tokenized Assets on Solana
- RedStone has partnered with Securitize to launch tokenized traditional financial assets on Solana.
- The integration allows DeFi applications on Solana to incorporate real-world assets like $ACRED and $BUIDL.
- RedStone’s blockchain oracle services provide price feeds for both traditional and crypto assets via Wormhole Queries.
- Securitize manages over $3.6 billion in tokenized assets, partnering with major asset managers like Apollo and BlackRock.
- The collaboration enhances the usability of tokenized funds across DeFi platforms, including Ethereum, Avalanche, and Polygon.
RedStone’s partnership with Securitize enables the integration of real-world assets into Solana’s DeFi applications, enhancing composability and bridging traditional finance with blockchain technology. The initiative supports over $3.6 billion in tokenized assets managed by Securitize.
Source (2.6)https://cryptobriefing.com/redstone-tokenized-tradfi-assets-solana/?rand=59535