Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025
    Facebook X (Twitter) Instagram
    Cryptify Now
    • Home
    • Features
      • Typography
      • Contact
      • View All On Demos
    • Typography
    • Buy Now
    X (Twitter) Instagram YouTube LinkedIn
    Cryptify Now
    You are at:Home » RedStone powers RWA access on Solana with Drift integration
    Crypto

    RedStone powers RWA access on Solana with Drift integration

    James WilsonBy James WilsonMay 28, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders. 

    The integration brings tokenized funds like Apollo’s ACRED and BlackRock’s BUIDL onto Solana’s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries.

    This move marks a shift from simple asset tokenization to full composability, enabling these RWAs to be used in lending protocols, vaults, and other DeFi applications. 

    The first application, Drift Institutional, is expected to integrate RedStone’s (RED) feeds, setting the stage for broader institutional access to Solana-native DeFi.

    “This is a foundational step in making RWAs not just visible but usable in DeFi on Solana,” said RedStone co-founder Marcin Kazmierczak, in a note to crypto.news. 

    Securitize, which collaborates with asset managers including BlackRock and Apollo, has over $3.6 billion in tokenized assets under management.

    Its head of credit and DeFi, Reid Simon, called the integration a step toward seamless TradFi-DeFi interoperability.

    Solana’s role in DeFi

    Solana’s low-cost, high-throughput infrastructure positions it as a logical host for real-world financial products. 

    With RedStone’s oracles now feeding secure, attested data from Wormhole Queries, developers can begin building DeFi products tied to off-chain assets with stable yields.

    The move follows RedStone’s earlier RWA integration on Polygon with Morpho, where an ACRED-backed vault went live. The Solana rollout could accelerate similar launches, expanding access from institutional desks to retail users.

    The integration is also seen as a case study for how oracle networks and tokenization standards can make RWAs more than a narrative — enabling real, yield-driven use cases in DeFi.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleDow, S&P 500 flat ahead of Nvidia earnings results
    Next Article BERA price crashes as Berachain transactions, stablecoins plunge
    James Wilson

    Related Posts

    US markets close green as Trump tariff drama muddies outlook

    May 29, 2025

    Cantor Fitzgerald to launch Bitcoin fund with gold price protection

    May 29, 2025

    Bitcoin bulls are ignoring these three red flags, drop to $100K likely?

    May 29, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Remittix (RTX) hits $4m presale as XRP holders take notice

    February 4, 2025

    Here’s why OKB price spiked 20% today

    February 4, 2025

    iDEGEN price prediction: Is this the AI agent token to buy?

    February 4, 2025

    Gate.io to list CYBRO token on Dec 14 after $7M presale success

    February 4, 2025
    Don't Miss

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    By William GarciaMay 30, 2025

    … ). “The Africa Inexperienced Funding Initiative (AGII) led by the UAE and … 50;…

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 29, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    About Us
    About Us

    CryptifyNow: Your daily source for the latest insights, news, and analysis in the ever-evolving world of cryptocurrency.

    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025

    Etihad Credit Insurance achieves $4.41bln in insured turnover with 15.7% growth

    May 30, 2025
    Lithosphere News Releases

    Colle AI’s iOS App Launch Brings Multichain NFT Creation to Mobile

    February 4, 2025

    AGII Transforms Web3 Infrastructure with AI-Optimized Smart Contracts

    February 4, 2025

    Colle AI (COLLE) Allocates $250M for AI Tool Development and Liquidity Growth on Solana

    February 4, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.