RedStone, Drift Institutional Integration… Introduction of Tokenized Assets to the Solana Chain

Blockchain oracle company RedStone announced on the 29th that it will introduce Real World Asset tokenization (RWA) to the Solana network through a partnership with Securitize.

Through this collaboration, RedStone plans to integrate Drift Institutional, a premium service established by Securitize and Drift Protocol, enabling institutional-grade RWA products such as Apollo's ACRED and BlackRock's BUIDL to be utilized within Solana (SOL) decentralized finance (DeFi) applications. The integration is based on Wormhole Queries and aims to provide Solana developers with secure and composable price feeds for both traditional assets and digital assets.

Marcin Kazmierczak, co-founder of RedStone, stated, "We see this partnership as a foundation for enabling the use of RWAs in decentralized finance. It is not just about tokenization anymore, but about unlocking use cases that combine composability, on-chain technology, and traditional finance."

As institutional demand to bring traditional assets onto the blockchain without exposure to digital asset volatility grows, interest in tokenized assets such as RWAs is also increasing.

Marcin Kazmierczak added, "RedStone plans to establish a strong presence in Korea this coming September," noting that collaborations are also expanding with projects highlighted in the Korean market, such as TON (TON), Sonic (SONIC), Ondo (ONDO), Story (IP), and XRP (XRP).