RedStone Expands Oracle Business with RWA Data and TokenizeThis Acquisition
RedStone acquired Security Token Market and its TokenizeThis conference to integrate RWA data into its oracle services.Summary
Blockchain oracle provider RedStone has acquired Security Token Market (STM) and its TokenizeThis conference, significantly expanding its offerings with historical data on over 800 tokenized real-world assets (RWAs) spanning equities, real estate, debt, and funds. STM founder Herwig Konings will join RedStone as an adviser and head of TokenizeThis, while COO Jason Barraza will focus on institutional business development. RedStone's co-founder stated that STM's seven-year tracking data provides a crucial, unified view of the $60B+ RWA market, addressing institutional struggles in finding trustworthy datasets. TokenizeThis will continue as a standalone conference focused on tokenized securities and RWAs. This acquisition occurs amid growing institutional interest in tokenized RWAs, with activity often centered on permissioned networks like the Canton Network.
(Source：Cointelegraph)