RedStone: A decentralized data oracle network that focuses on providing dynamic data for DeFi projects.
Securitize: A regulated platform for managing digital securities (security tokens), known for tokenizing real-world assets.
BUIDL: Appears to be a token associated with Securitize, but more details would be needed for clarification.
$Are you looking for more details about this partnership or RedStone's future potential?
Securitize has partnered with RedStone to enhance its tokenized products, notably the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and the Apollo Diversified Credit Securitize Fund (ACRED). RedStone, a decentralized data oracle network, will provide price feeds for these funds, enabling their integration into decentralized finance (DeFi) platforms. This collaboration allows Securitize's tokenized assets to be utilized across DeFi protocols such as Morpho, Compound, or Spark.
Additionally, Securitize has integrated with Zero Hash to facilitate the conversion of USD Coin (USDC) to USD, allowing qualified institutions to invest in BlackRock's BUIDL fund using USDC. This integration streamlines the investment process for digital asset companies, enabling them to stay on-chain throughout the investment lifecycle.
These initiatives reflect Securitize's commitment to expanding access to tokenized real-world assets and integrating traditional financial products with blockchain technology.
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