REAL Partners with RedStone to Strengthen RWA Data Infrastructure

  • Through the integration, the goal is to improve the way that price, proof-related data, and supporting frameworks are organized on the blockchain.
  • As part of this partnership, RedStone will provide Oracle with the infrastructure necessary to deliver price feeds across all assets that are part of the REAL ecosystem.

For the purpose of providing assistance for the data infrastructure and transparency layer of its ecosystem, the blockchain infrastructure company REAL has announced a collaboration with RedStone.

In order to support on-chain financial products, REAL necessitates the use of trustworthy data inputs. This is because REAL was designed to facilitate the tokenization and administration of real-world financial instruments. As part of this partnership, RedStone will provide Oracle with the infrastructure necessary to deliver price feeds across all assets that are part of the REAL ecosystem. This will make it possible to have access to market data that is both consistent and reliable.

Through the integration, the goal is to improve the way that price, proof-related data, and supporting frameworks are organized on the blockchain. This is done with the intention of enhancing the representation of tokenized assets. When it comes to boosting transparency and preparation for real-world asset markets that operate in blockchain ecosystems, these components are essential.

Ivo Grigorov, CEO of REAL, said, “Through this partnership with RedStone, we are reinforcing a critical layer of infrastructure for tokenized assets. High-quality data and transparency are essential for creating markets that institutions and participants can trust as the RWA space continues to mature.”

The relationship also includes the incorporation of independent risk information via Credora, which helps to assist the creation of risk assessment processes that are more standardized for market players and issuers.

In order to facilitate the tokenization, administration, and distribution of real-world assets, REAL is in the process of building blockchain infrastructure. The primary objective of this endeavor is to establish connections between on-chain systems and institutional-grade financial institutions. For the purpose of advancing its RWA infrastructure, the business recently received $29 million, which reflects the sustained interest of institutions in the region. 

“Price discovery is the entry point, not the destination”, said Marcin Kazmierczak, Co-Founder & COO at RedStone. “What institutional allocators require is a continuous, verifiable signal across the entire asset lifecycle, from valuation to reserve integrity to issuer creditworthiness. That is precisely what the RedStone Stack delivers for REAL, and it is the architecture we believe will define how serious capital engages with tokenized assets from here.”

As the need for infrastructure that supports tokenized real-world assets continues to expand, it is anticipated that the integration with RedStone will boost the trustworthiness of data inputs and promote transparency across the REAL ecosystem.

Real is a blockchain that operates at the Layer 1 level and is aimed to incorporate real-world assets of an institutional level into the digital market. On the blockchain, Real allows institutions to tokenize, insure, and manage assets in a transparent manner. This is accomplished via the use of a business-integrated consensus model, a risk categorization system, and decentralized governance.

Source: https://thenewscrypto.com/real-partners-with-redstone-to-strengthen-rwa-data-infrastructure/