RedStone Launches RWA Oracle Machine Service on Solana

RedStone 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, the RedStone Oracle Machine can now provide pricing information for institutional-grade tokenized assets directly to Solana's DeFi ecosystem, including Apollo's $ACRED and BlackRock's $BUIDL.

This integration connects Solana developers with secure, composable traditional asset and cryptocurrency price data, making RWA-based DeFi a reality on high-performance chains.

Marcin Kazmierczak, co-founder of RedStone, stated that this is a key step in bringing RWA into the Solana DeFi ecosystem and realizing its usability. This is not just about tokenization, but also about composability and unlocking application scenarios that integrate traditional finance with on-chain finance.

RedStone's Solana Oracle Machine uses Wormhole Queries as a core component of its RWA Oracle Machine verification process. This technical architecture leverages Solana's performance advantages while also meeting the security and reliability standards required by institutional users.

Through its partnership with Securitize, RedStone has gained instant credibility and access to a large channel of tokenized assets. Securitize currently manages over $3.6 billion in tokenized asset management. Reid Simon, head of Securitize's credit and DeFi department, pointed out that the barriers between traditional finance and DeFi are breaking down, and the next phase of evolution will focus on providing global institutions with cross-chain seamless trading tools.

RedStone's RWA Oracle Machine approach has proven successful in actual market environments. Earlier this month, a Morpho vault utilizing RedStone $ACRED RWA Oracle Machine price data was launched on Polygon, making it one of the first real-time DeFi vaults integrating major real-world assets through RWA Oracle Machine solutions.

RedStone has conducted preliminary RWA Oracle Machine integration with Drift, a leading protocol on Solana. This collaboration demonstrates the ability of RedStone's Oracle Machine infrastructure to unlock the use of RWA for DeFi. The implementation of RedStone's RWA Oracle Machine by Drift opens 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 technical performance of Solana combined with RedStone's RWA Oracle Machine access to traditional financial instruments addresses two key barriers limiting institutional participation in DeFi: scalability and asset diversity.

With the ongoing development of the partnership with Securitize and the integration launch with Drift, RedStone's RWA Oracle Machine deployment will provide valuable data for the market's demand for RWA-based DeFi products. RedStone's position as the leading RWA Oracle Machine provider on Solana lays a solid foundation to meet the growing institutional demand for traditional assets in DeFi.