RedStone Expands to Solana, Enhancing DeFi with Real-World Assets
RedStone, a leading oracle provider, has expanded its services to Solana. This move brings institutional-grade asset data to DeFi builders on the Solana network. The integration allows tokenized funds, such as Apollo’s ACRED and BlackRock’s BUIDL, to operate on Solana’s high-speed platform.
Through partnerships with Securitize and Wormhole Queries, RedStone is shifting from basic asset tokenization to full composability. This means these real-world assets (RWAs) can now be used in various DeFi applications like lending protocols and vaults.
Drift Institutional is the first request set to integrate RedStone’s feeds. This integration could open up Solana-native DeFi to broader institutional access. Marcin Kazmierczak,RedStone’s co-founder,noted,“This step makes RWAs not just visible but usable in Solana’s DeFi ecosystem.”
Securitize,which works with asset managers like BlackRock and Apollo,manages over $3.6 billion in tokenized assets. Reid Simon, head of credit and DeFi at Securitize, sees this as a move toward seamless interoperability between traditional and decentralized finance.
Solana’s low-cost, high-throughput infrastructure makes it ideal for real-world financial products. With RedStone’s oracles providing secure data from Wormhole Queries, developers can create DeFi products linked to off-chain assets with stable yields.
This follows RedStone’s earlier RWA integration on Polygon with morpho. the Solana rollout could speed up similar launches, expanding access from institutional desks to retail users. It serves as a case study on how oracle networks and tokenization standards can enable real, yield-driven use cases in DeFi.
