According to ChainCatcher, market sources indicate that oracle service provider RedStone has acquired digital asset data platform Security Token Market (STM.co) and its flagship conference TokenizeThis, aiming to accelerate the adoption of tokenized real-world assets (RWA) and expand its influence in the U.S. and institutional markets. Founded in 2018, STM operates the world's largest RWA tokenization database, tracking over 800 tokenized equities, real estate, debt instruments, and funds with a combined market value exceeding $60 billion. Its annual conference, TokenizeThis, brings together banks, asset managers, regulators, issuers, and blockchain leaders to discuss asset tokenization in both traditional finance and decentralized finance.
RedStone Acquires Security Token Market to Accelerate the Adoption of Tokenized Assets
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Summary
In digital asset news, RedStone, an oracle service provider, has acquired Security Token Market (STM.co) and its TokenizeThis conference to promote the adoption of tokenized assets. Active since 2018, STM manages a real-world asset (RWA) database exceeding $60 billion, tracking more than 800 tokenized assets. The TokenizeThis conference brings together banks, regulators, and blockchain leaders to explore asset tokenization in both traditional finance and DeFi sectors. This acquisition aims to strengthen RedStone's position in the U.S. market and among institutional players.
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