Securitize has chosen RedStone as its primary oracle provider for its tokenized assets, including BlackRock's BUIDL fund and Apollo's ACRED fund. This partnership, announced on March 12, allows RedStone to provide price feeds for Securitize's current and upcoming tokenized products, expanding their use cases into DeFi platforms like Morpho and Compound. RedStone delivers cross-chain data feeds across multiple decentralized finance protocols and has secured $4.3 billion in total value for its clients. Securitize's co-founder highlighted the growing demand from institutional investors, private equity firms, and credit managers for tokenization to enhance liquidity and efficiency in private markets. Tokenization of private credit, accounting for 68% of the market, and US Treasury bonds have seen significant uptake, with the on-chain RWA market nearing $18 billion and growing by 16.8% over the last month. This trend indicates a shift towards securely managing treasury reserves and benefiting from stable yields.

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