RedStone, a blockchain oracle provider, has acquired Security Token Market (STM) and the TokenizeThis conference, thereby adding a large dataset of tokenized real assets (RWA) to its current business operations. The deal brings over 800 tokenized products including stocks, real estate, debt, and funds under RedStone’s ownership, while also taking over the TokenizeThis brand.
STM founder Herwig Konings joins RedStone as an advisor, while COO Jason Barraza is responsible for organizing business development. RedStone currently provides price and reference data for many major protocols, protecting over $6 billion in on-chain value.
According to RedStone, STM’s 7-year historical data offers a unified view of the RWA market valued at over $60 billion. Amid the RWA boom, Ethereum remains the leader in public RWA, while Canton Network emerges as the tokenization hub for financial institutions.