RedStone is a dynamically developing blockchain project with Polish roots, specializing in providing fast and precise financial data in a decentralized manner. Their advanced oracle solutions are utilized by over 130 clients, including projects such as Spark, Morpho, Compound, Pendle, Venus, Lido, EtherFi, Ethena, Puffer, Balancer, Lombard, Enzyme, Frax, and Agora. RedStone supports over 70 different blockchain networks, making it one of the fastest-growing data providers in the DeFi ecosystem.
In July 2024, RedStone raised $15 million in a Series A funding round led by Arrington Capital. These funds will be allocated for team development and further expansion of blockchain data-related services.
In October 2024, the company introduced oracles dedicated to Bitcoin staking, enabling users to utilize tokens associated with BTC staking in DeFi protocols such as Lombard Staked BTC (LBTC) on the Ethereum blockchain.
The RedStone team mainly consists of engineers with over 10 years of experience who previously worked at renowned technology companies.
It is also worth noting that there are several companies named "Redstone" in Wrocław that are not related to the blockchain project. For example, "Redstone Jacek Orlicki" specializes in the production of kitchen furniture, and "Redstone Leszek Ochman" operates in the fuel industry.
In summary, RedStone
