The deal adds a long-running dataset on tokenized real-world assets to RedStone’s oracle business as RWA activity spans public blockchains and institutional networks.
Blockchain oracle provider RedStone has acquired Security Token Market (STM) and its TokenizeThis conference, adding a large dataset on tokenized real-world assets to its existing oracle business.
According to an announcement, the acquisition brings STM’s historical data, covering more than 800 tokenized products across equities, real estate, debt and fund structures, under RedStone’s ownership, along with control of the TokenizeThis conference brand.
STM founder Herwig Konings will join RedStone as an adviser and head of TokenizeThis, while STM chief operating officer Jason Barraza will take on an institutional business development role focused on asset managers, banks and tokenization platforms.
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