Ultra proud to be part of
@redstone_defi, one of the teams that made the most progress through this bear market.
- RedStone live (low-latency data) adoption is ramping fast in perps. Soon, we'll announce 3 partnerships with Tier S brands. The most liquid pre-IPO Anthropic market already runs on this infrastructure.
- Many projections point to at least $4T in RWAs onchain by 2030, but the key missing part to make them fully usable in DeFi and in crypto in general is instant redemptions and instant liquidations. Many RWAs still redeem at T+3, some even at T+180. That's the problem we're solving with RedStone Settle, with Tier S clients already lined up to use it, including
@OpenEden_X announced yesterday
- This week, we secured a deal from one of the largest institutional RWA player in the space. More soon.
-
@CredoraNetwork by RedStone caught traction in DeFi risk ratings. Around 10% of DeFi is currently assessed by Credora, and the team is working on a new risk framework for [redacted] assets.
- Many oracle providers left the space this year, including one that raised the same Series A amount we did, at the same time, from a similar set of investors. It shows the level-headedness of our leadership team, which knows how to build a company for the long game.
We're ready for the RWA decade, Onwards!