RedStone acquires Security Token Market to accelerate tokenized asset adoption
Summary
RedStone, an oracle provider securing over $6 billion across 110 blockchains, has acquired Security Token Market (STM.co) and its TokenizeThis conference to bolster its US and institutional presence. This acquisition aims to integrate STM’s extensive real-world asset (RWA) data and industry standing with RedStone’s oracle infrastructure to meet the growing demands of the tokenized finance economy. STM maintains the largest global database of tokenized RWAs, tracking over 800 assets exceeding $60 billion in market cap. RedStone co-founder Marcin Kaźmierczak stated this expansion is crucial for 2026, the "year of tokenized finance and DeFi convergence," requiring trustworthy data and reliable infrastructure for both crypto-native and institutional markets. Key personnel changes include Herwig Konings becoming RedStone’s Advisor and Head of TokenizeThis, and Jason Barraza overseeing business development.
(Source:Crypto Briefing)