RedStone Acquires Data Platform Security Token Market to Accelerate Adoption of Tokenized Assets

BlockBeats News, January 21st, 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 tokenization adoption of real-world assets and expand its presence in the US and institutional markets.

STM was founded in 2018 and operates the world's largest database of tokenized RWAs, tracking over 800 on-chain stocks, real estate, debt instruments, and funds, with a total market cap exceeding $60 billion. Its annual conference TokenizeThis brings together banks, asset managers, regulators, issuers, and blockchain leaders to discuss asset tokenization in traditional finance and decentralized finance.