RedStone, an oracle service provider, has acquired the digital asset data platform Security Token Market (STM.co) and its flagship conference, TokenizeThis. This strategic acquisition aims to accelerate the adoption of tokenized real-world assets and expand RedStone's influence in the US and institutional markets.
Founded in 2018, STM operates the world's largest tokenized real-world asset database, tracking over 800 tokenized stocks, real estate, debt instruments, and funds, with a total market capitalization exceeding $60 billion. The annual TokenizeThis conference gathers key industry players, including banks, asset management firms, regulators, issuers, and blockchain leaders, to discuss the integration of asset tokenization in both traditional and decentralized finance sectors.
RedStone Acquires Security Token Market to Boost Tokenized Asset Adoption
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