Securitize to bring BUIDL tokenized fund to DeFi with RedStone price feeds
March 12 2025 - 8:00AM
Cointelegraph


Real-world asset (RWA) tokenization company Securitize has
selected RedStone as the primary oracle provider for its tokenized
products, which include BlackRock’s USD Institutional Digital
Liquidity Fund (BUIDL) and the Apollo Diversified Credit Securitize
Fund (ACRED).
According to a March 12 announcement, RedStone will deliver
price feeds for current and future tokenized products offered by
Securitize. As a DeFi-focused oracle provider, RedStone will
purportedly expand the use cases of BUIDL and ACRED into money
market exchanges and collateralized DeFi platforms, Securitize
said.
RedStone provides crosschain data feeds for decentralized
finance protocols on Ethereum, Avalanche and Polygon. According to
DefiLlama data, it has amassed $4.3 billion in total value secured
across all clients.
RedStone’s total value secured as of March 11. Source:
DefiLlama
In July, RedStone raised $15 million in a
Series A funding
round led by Arrington Capital, with additional participation
from Spartan, IOSG Ventures, HTX Ventures and others.
Securitize selected RedStone as its oracle provider because of
its “modular design,” which means it “can scale to thousands of
chains and support new implementations in a matter of days,”
RedStone chief operating officer Marcin Kazmierczak told
Cointelegraph in a written statement.
By using the RedStone oracle price feeds, Securitize’s funds
“can now be utilized across DeFi protocols such as Morpho, Compound
or Spark,” he said.
Related: BlackRock CEO wants SEC to ‘rapidly approve’
tokenization of bonds, stocks: What it means for
crypto
Institutional interest in tokenized assets on the rise
Securitize co-founder and CEO Carlos Domingo told Cointelegraph
that demand for tokenized funds
is growing across a “diverse range of investors and users” spanning
traditional finance and crypto-native firms.
“Institutional investors, private equity firms, and credit
managers are turning to tokenization to enhance efficiency, reduce
operational friction, and improve liquidity for private markets,”
he said.
On the crypto-native side, companies “see tokenized RWAs as a
secure and efficient way to manage treasury reserves while
benefiting from stable yields,” said Domingo.
So far, the tokenization of private credit and US Treasury bonds
have seen the largest uptake, according to industry data. The total
market for onchain RWAs is approaching $18 billion, having grown by
16.8% over the past 30 days, according to RWA.xyz.
At $12.1 billion, private credit accounts for 68% of the
tokenized RWA market. Source: RWA.xyz
Separate data from Security Token Market showed that
more than $50
billion worth of assets were tokenized by the end of 2024, with
the majority coming from real estate.
The tokenization market has attracted
significant players in recent years, with the likes of Ondo
Finance, Tradable and Brickken entering the fray.
Related: Trump-era policies may fuel tokenized real-world
assets surge
...
Continue reading Securitize to bring BUIDL tokenized
fund to DeFi with RedStone price feeds
The post
Securitize to bring BUIDL tokenized fund to DeFi
with RedStone price feeds appeared first on
CoinTelegraph.
TRON (COIN:TRXUSD)
Historical Stock Chart
From Feb 2025 to Mar 2025
TRON (COIN:TRXUSD)
Historical Stock Chart
From Mar 2024 to Mar 2025