RedStone, a blockchain oracle provider, has integrated with the Canton Network to serve as the primary data flow infrastructure for its real-world tokenized asset (RWA) ecosystem, the companies announced Tuesday.
Canton is home to more than $6 trillion in tokenized assets, including U.S. Treasury repos, syndicated loans, money market funds, mortgages, and commodity trading. It processes approximately $300 billion in daily volume.
The network is aimed at institutions that require programmable smart contracts but cannot operate in public DeFi due to privacy and compliance constraints. Digital Asset, the company behind Canton, is backed by powerful Wall Street firms including Blackrock, Blackstone, Nasdaq, S&P Global, Goldman Sachs and Citadel Securities.
By becoming a member of the Canton Foundation and integrating directly into the network, RedStone provides customizable, gas-efficient data feeds tailored to enterprise use cases. Oracles are designed to support permissioned workflows, allowing applications to automate transactions without exposing sensitive information.
The broader goal is to bridge the gap between traditional asset management and on-chain liquidity tools, establishing the backend for regulated DeFi. While Canton provides the permissioned rails, RedStone’s price feeds are essential for enabling leveraged credit strategies and maintaining accurate on-chain valuations.
The partnership also extends to the Apollo Diversified Credit Securitize Fund (ACRED), a tokenized private credit fund from Apollo Global Management issued by Securitize. RedStone supports its DeFi-related yield strategies, allowing holders to mint sACRED tokens and deploy them in protocols such as Morpho and Drift Institutional on the Ethereum, Solana and Polygon networks.
Read more: Canton network creator secures strategic investment from Wall Street giants
