RedStone launches RWA Oracle Machine on Solana to promote tokenization of assets

RedStone has officially launched its Oracle Machine service on Solana, bringing real-world assets (RWAs) into Solana's DeFi ecosystem for the first time. Through a strategic partnership with Securitize, RedStone's Oracle Machine can now provide institutional-level tokenized asset price data for Solana's DeFi projects, including Apollo's $ACRED and BlackRock's $BUIDL.

This integration enables Solana developers to access secure and composable price data for traditional and crypto assets, laying the foundation for the development of RWA-based DeFi on high-performance public chains.

Marcin Kazmierczak, co-founder of RedStone, stated that this initiative is not only about tokenization but more importantly about achieving composability and unlocking the application scenarios that merge traditional finance with on-chain finance. RedStone has developed Oracle Machine infrastructure specifically for RWA, enabling traditional financial tools such as tokenized government bonds and credit products to run seamlessly within Solana's DeFi protocols.

Technically, RedStone's Solana Oracle Machine utilizes Wormhole Queries as a core component of the RWA Oracle Machine verification process. This architecture guarantees the performance advantages of Solana while also meeting institutional users' requirements for security and reliability. The RedStone Oracle Machine can provide secure and composable price data for both traditional and crypto assets, which is crucial for protocols offering hybrid strategies.

The collaboration with Securitize brings instant credibility to RedStone and provides a channel to access a large number of tokenized assets. Securitize currently manages over $3.6 billion in tokenized assets. Reid Simon, head of Securitize's credit and DeFi division, pointed out that the barriers between traditional finance and DeFi are breaking down, and the future direction is to provide global institutions with tools for seamless cross-chain transactions.

The RedStone RWA Oracle Machine solution has been validated in real market environments. Previously, a Morpho vault using RedStone $ACRED RWA Oracle Machine data went live on Polygon, becoming one of the first real-time DeFi vaults to integrate major real-world assets through an RWA Oracle Machine.

In the Solana ecosystem, RedStone has partnered with the renowned perpetual trading platform Drift for the initial integration of the RWA Oracle Machine. This collaboration showcases the potential of the RedStone Oracle Machine infrastructure to unlock RWA usage for DeFi, opening up possibilities for derivative trading of traditional assets within a decentralized framework.

For Solana's DeFi ecosystem, the integration of RedStone's RWA Oracle Machine could serve as a catalyst for broader institutional adoption. The combination of Solana's technical performance and RedStone RWA Oracle Machine's access to traditional financial instruments is expected to address the two major barriers of scalability and asset diversity that limit institutional participation in DeFi.

With the deepening of cooperation with Securitize and the integration launch with Drift, RedStone's RWA Oracle Machine deployment will provide important reference data for the market's demand for RWA-based DeFi products. RedStone's position as a leading RWA Oracle Machine provider on Solana, coupled with its collaboration with Securitize, has laid a solid foundation to meet the growing institutional demand for traditional assets in DeFi.