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RedStone acquires data platform Security Token Market to accelerate the adoption of tokenized assets
PANews January 21 News, according to Cryptobriefing, oracle service provider RedStone has acquired digital asset data platform Security Token Market(STM.co) and its flagship conference TokenizeThis to accelerate the adoption of real-world asset tokenization and expand its influence in the US and institutional markets. STM was founded in 2018 and operates the world’s largest tokenized RWA database, tracking over 800 on-chain stocks, real estate, debt instruments, and funds, with a total market value of over $60 billion. Its annual conference TokenizeThis brings together banks, asset management firms, regulators, issuers, and blockchain leaders to discuss asset tokenization in traditional and decentralized finance.