RedStone ♦️
RedStone ♦️
SOL+6.06%
It's time for RWA summer. RedStone Real World Asset feeds are live on Solana. Powered by @Securitize and @Wormhole, feeds are live for RWAs including Apollo's $ACRED BlackRock's $BUIDL. The first markets go live on soon on @DriftProtocol and Solana DeFi 🧵
2/ "This is a foundational step in making RWAs not just visible but usable in DeFi on Solana," said @MarcinRedStone, our co-founder. "It's about composability and unlocking use cases that merge traditional and onchain finance."
Marcin | RedStone 🔜 ETHcc 🇫🇷
Marcin | RedStone 🔜 ETHcc 🇫🇷
RedStone RWA price feeds just launched on Solana. DeFi protocols can now deploy markets with tokenized funds from the biggest TradFi players like Apollo or BlackRock. For the first time. Ever. Don't miss this. 👇
5/ sACRED—minted by locking Apollo’s ACRED tokens in Securitize’s proprietary vault technology—will power the first leveraged looping strategies on Solana through @DriftProtocol’s Drift Institutional and other Solana DeFi protocols. All powered by RedStone Oracles.
Securitize
Securitize
Institutional credit meets @Solana DeFi. 🤝 sACRED—minted by locking Apollo’s ACRED tokens in Securitize’s proprietary vault technology—will power the first leveraged looping strategies on Solana through @KaminoFinance’s Multiply and @DriftProtocol’s Drift Institutional. Built using our sToken infrastructure, sACRED provides permissioned holders with a composable, permissionless token to access DeFi-native yield opportunities. This is a major step forward for Solana’s RWA ecosystem, and a first for tokenized credit on the network. 👇
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7/ "Traditionally, credit-facility-based lending has been confined to high minimums," said @cindyleowtt, Drift co-founder. "By bringing credit funds to Solana, we’re able to increase access to sophisticated yield strategies previously reserved for only the largest institutions."
Drift
Drift
Drift Institutional is here. A new white-glove service to help institutions bring real-world assets onchain into @solana's DeFi ecosystem — starting with a first-of-its-kind Institutional Pool for Apollo’s tokenized credit fund.
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