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RedStone officially launched on Solana, promoting DeFi of real assets.
Oracle RedStone has officially launched on Solana, integrating Wormhole Queries technology to provide fast and reliable price data for traditional assets as well as cryptocurrencies. This move particularly supports DeFi assets in the real world (RWA), thanks to a partnership with Securitize – the entity that tokenizes over 3.6 billion USD in assets and collaborates with BlackRock, Apollo, and VanEck.
Top Solana projects like Kamino and Drift have started integrating oracles from RedStone. With backing from the Wormhole network and the security of 13 independent signatures, data can be retrieved instantly from Solana without the need to redeploy infrastructure, paving the way for a wave of RWA worth over 20 billion USD to enter the Solana ecosystem.