Key takeaways
- Canton Network has partnered with RedStone, an oracle provider, to improve DeFi access to $6 trillion in real-world tokenized assets.
- RedStone becomes Canton Network’s primary oracle, enabling secure, real-time data feeds for institutional and decentralized financial applications.
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Canton Network, a public blockchain designed for the financial industry, today partnered with RedStone, an oracle provider providing real-time data feeds for blockchain ecosystems, to expand DeFi access to $6 trillion in assets.
The partnership allows Canton Network to extend DeFi connectivity to its real-world tokenized assets via RedStone’s Oracle infrastructure. RedStone serves as the primary oracle for Canton Network, facilitating secure data feeds that connect institutional markets to decentralized financial protocols.
Canton Network focuses on on-chain privacy to enable secure and interoperable asset movements between decentralized systems. Integration with RedStone’s data feeds allows the blockchain to tokenize institutional assets while maintaining its privacy-focused design.
The collaboration supports interoperability between traditional financial systems and decentralized financial protocols, enabling real-world regulated assets to connect to DeFi applications via RedStone’s compliant Oracle technology.
