Tagged: redstone

RedStone Launches HyperStone Oracle

RedStone, an oracle network in DeFi, has launched HyperStone, an oracle powering HIP-3, Hyperliquid’s new standard for permissionless perpetual market creation. With HyperStone, anyone can now build and launch their own perpetual markets backed by fast, reliable, and secure on-chain data. HIP-3 allows builders to… Read More

RedStone, Kalshi Partner to Bring Prediction Market On Chain

Popular prediction marketplace Kalshi has partnered with RedStone to bring Kalshi’s platform on-chain for over 110 networks, according to a company release. RedStone is a blockchain oracle delivering price feeds for DeFi assets, including tokenized assets. The company reports securing over $8.5 billion in claiming… Read More

RedStone Report: Solana a RWA Hub

A new report from RedStone finds that Solana is now home to more than $13.5 billion in tokenized real-world assets (RWAs), including stablecoins. Contributing factors include institutional-grade performance, compliance-first tooling, and deeply integrated DeFi infrastructure. The data, previewed in RedStone’s upcoming Internet Capital Markets on… Read More

Tether at $20B? Tokenized Derivatives? Crypto Liquidation? Web3 Thoughts of the Week

Gold’s continued importance, a significant crypto liquidation, tokenized collateral in derivatives,  and Tether potentially at a $20B valuation had Web3 tongues wagging this week. The importance of holding stable assets in a turbulent market environment “Many investors feel calmer keeping a chunk of their savings… Read More

DeFi Oracle Network RedStone Acquires Credit Rating Firm Credora

RedStone, a DeFi oracle network, has acquired Credora, an on-chain credit rating platform backed by Coinbase Ventures, S&P, and Hashkey. The transaction is subject to customary approvals. Operating under the new brand Credora by RedStone, the combined platform introduces an oracle-powered risk rating framework for… Read More

Solana, GENIUS Act & More: Web3 Discusses Crypto News

Web3 also opined on crypto treasuries, the GENIUS Act, Stablecoins and Solana Newer tokens risk damaging corporate crypto treasuries “Top few assets in crypto that have been around for years and their ecosystems have kept evolving have the depth and history to handle treasuries –… Read More

Bitcoin Suisse Adds Berachain and RedStone to Trading and Custody Offering

Bitcoin Suisse is pleased to announce the addition of RedStone (RED) and Berachain (BERA) to its trading and custody offering. Effective immediately, Bitcoin Suisse clients can trade and “securely” store RED and BERA, expanding their access to a range of digital assets. By integrating RedStone… Read More

Securitize to Utilize Redstone for DeFi and Tokenized Assets

Digital security enabler Securitize has announced that it will utilize Redstone as its blockchain oracle to support tokenized assets on DeFi ecosystems. Securitize is one of the leading, regulated  tokenization platforms in the world. The company works with big institutions including Apollo, BlackRock, Hamilton Lane,… Read More

Sui’s Bitcoin DeFi Ecosystem Expands as RedStone Brings BTC Utility Onchain

RedStone, a cross-chain data oracle that’s providing pricing data for smart contracts as well as decentralized finance (DeFi) protocols, is now reporteldy live on Sui. Claiming to be “trusted” by more than 140 DeFi protocols, RedStone ensures pricing integrity and accelerates the “adoption of Bitcoin-backed… Read More

HTX Ventures, the Investment Unit of Crypto Exchange HTX, Invests in RedStone

In support of a more efficient DeFi market, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced an investment in RedStone. RedStone is reportedly one of the “fastest-growing” modular oracles in 2024 “that delivers diverse, high-frequency data feeds to EVM Layer1,… Read More

Web3 Developers Back RedStone’s Cross-Chain Expansion with Investment Round

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

RedStone Finalizes $7M Seed Round from Lemniscap, Blockchain Capital, Coinbase Ventures, Others

The team at RedStone is pleased to announce that in August 2022, they successfully raised a $7M seed round led by Lemniscap in order “to pursue [their] mission of powering Web3 innovation with a novel approach to on-chain data storage.” The funds will play a… Read More

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