Oracle service provider RedStone acquires RWA data platform to accelerate the tokenization of real-world assets

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【ChainNews】Oracle service provider RedStone recently completed the acquisition of the digital asset data platform STM and its annual conference TokenizeThis. The goal of this transaction is clear — to accelerate the tokenization wave of real-world assets ( RWA ) and strengthen its presence in the United States and among institutional investors.

STM is no ordinary platform. Since its founding in 2018, it has maintained the world’s largest tokenized RWA database, tracking over 800 on-chain assets, including stocks, real estate, debt instruments, and various funds. The total market value of these assets has exceeded $60 billion. This figure alone demonstrates the explosive potential of the RWA track.

The annual TokenizeThis conference has become a key platform connecting traditional finance and the DeFi ecosystem. Every year, representatives from banks, asset management firms, regulators, project teams, and blockchain leaders gather to discuss the prospects and challenges of asset tokenization in both financial worlds. Through this acquisition, RedStone can more directly engage with core participants in this ecosystem and expand its influence.

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AltcoinTherapistvip
· 4h ago
600 billion is really just the tip of the iceberg; the RWA train has just started moving.
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MetaverseVagabondvip
· 4h ago
RedStone's move is quite aggressive, directly taking over the RWA data entry point. With a $60 billion market cap sitting there, it's indeed tempting. The big trend of traditional finance migrating onto the blockchain is now irreversible. This acquisition is all about grabbing the narrative. I feel that the TokenizeThis conference will become increasingly important in the future, and regulators will have to listen. However, to be honest, RWA still feels a bit虚(虚虚实实的感觉), with impressive data, but what about the actual trading liquidity? Competition in this sector will become more intense, but RedStone has connected the ecosystem's closed loop, making it quite difficult to deal with.
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CounterIndicatorvip
· 5h ago
The RWA market with a $60 billion valuation is so attractive. RedStone's acquisition this time is definitely playing a big game.
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