Redstone is working with Securitize to launch the blockchain Oracle service in Solana, allowing access to traditional tokenized financial assets such as the US Treasury Department and credit products, the company announced Wednesday.
The integration with wormhole queries is intended to provide Solana Builder with a price supply for both traditional assets and crypto assets. Developers can now incorporate real-world assets (RWAs) such as Apollo’s $Acred and BlackRock’s $Buidl into Dapps.
Discussing the launch, Redstone co-founder Marsin Kazmiertzak said the development represents a fundamental change in how tokenized RWAs are used in Solana.
Rather than acting only as a static tokenized device, RWA can be actively configured within the Defi protocol, allowing practical use cases to bridge traditional financial products into on-chain systems.
“This is a fundamental step to making RWAS not only visible, but also usable in Solana’s Defi,” Kazmierczak said in a statement. “It’s not about tokenization anymore. It’s about unlocking use cases and combining traditional finance with on-chain finance.”
Securitize, which partners with key asset managers including Apollo, BlackRock and Vaneck, has chosen Redstone as its Oracle provider of iconic products. The company said it manages more than $3.6 billion in tokenized assets.
“We see the walls drop between Tradfi and Defi,” said Securitize’s credit manager and Defi’s Reid Simon. “The next evolution is to provide global institutions with tools to trade seamlessly across chains.”
The collaboration between Redstone and Securitize, announced in March, will help increase the ease of use of Securitize’s tokenized funds across the Defi platform.
Redstone provides a price supply for these assets, enables integration into Money Market Exchange and secured Defi platforms, and has cross-chain capabilities for networks such as Ethereum, Avalanche, and Polygon.
Earlier this month, Redstone’s $Acred Feed was successfully deployed to Polygon’s Morpho Vault, one of the first live defars to integrate major RWAs. The Solana expansion will allow similar products to reach a larger audience, from retail to institutional users.