RedStone and Securitize Introduce $150 Million BCAP Token on Blockchain Using ZKsync Valuation Data

RedStone and Securitize Introduce $150 Million BCAP Token on Blockchain Using ZKsync Valuation Data

Headline: RedStone and Securize Join Forces to Revolutionize DeFi with Onchain Price Feed for Institutional-Grade Assets

Rockin' the DeFi World with RedStone, Securitize, and ZKsync

RedStone, the official oracle provider for Securitize, has teamed up to launch the first onchain price feed for Blockchain Capital's $BCAP token on ZKsync Era, marking a monumental moment in the rapid growth of Real-World Assets (RWAs). This sector, which has surgeover 500% in the last year, now reigns over $20 billion in value.

Tokenized assets, despite their significant growth, have struggled to break free from DeFi's silos, primarily due to the lack of secure, real-time price feeds essential for lending, collateralization, and other use cases. RedStone's gas-efficient, multi-chain solutions tackle this issue head-on, strengthening the connection between RWAs and DeFi.

With the BCAP integration on ZKsync, RedStone has followed in the footsteps of providing similar support for top-tier tokenized assets like BlackRock's BUIDL fund. According to RedStone Co-Founder Marcin Kazmierczak, this partnership lays the groundwork for onchain strategies involving tokenized venture assets and other institutional-grade products.

Besides the BCAP price feed, this collaboration is more than just a number. It signals a seismic shift as institutional finance begins its gradual transition onto the blockchain. ZKsync, currently hosting over $2 billion in RWAs, is no exception, positioning itself as a force to be reckoned with in the RWA market, following closely behind Ethereum mainnet in size.

"This is beyond a price feed," says Omar Azhar of Matter Labs. "It's the signaling that institutional finance is moving on-chain." Securitize CEO Carlos Domingo echoes these sentiments, stating that the feed empowers BCAP to support DeFi-native yield products, complete with real-time pricing that meets institutional standards.

RedStone, Securitize, and ZKsync stand at the forefront, building the infrastructure needed to bring regulated assets into the heart of decentralized finance - a move that promises to expand the horizons of both traditional finance and DeFi alike.

Casper 2.0 takes the mainnet by storm, focusing on Real-World Assets

Sources:1. Company note shared with our website, RedStone-Securitize partnership announcement, and various financial news outlets

1. RedStone and Securitize are revolutionizing DeFi by providing an onchain price feed for institutional-grade assets like Blockchain Capital's $BCAP token.
2. The growing DeFi sector, which has surpassed $20 billion in value, has been struggling with securing real-time price feeds for tokenized assets.
3. RedStone's gas-efficient, multi-chain solutions are filling this gap, strengthening the connection between Real-World Assets (RWAs) and DeFi.
4. The BCAP integration on ZKsync marks a significant step for RedStone, following their previous support for top-tier tokenized assets like BlackRock's BUIDL fund.
5. This partnership is not just about a price feed; it signals the gradual transition of institutional finance onto the blockchain.
6. ZKsync, hosting over $2 billion in RWAs, is positioning itself as a major player in the RWA market.
7. The collaboration empowers BCAP to support DeFi-native yield products with real-time pricing that meets institutional standards.
8. RedStone, Securitize, and ZKsync are building the infrastructure needed to bring regulated assets into the heart of decentralized finance, expanding the horizons of both traditional finance and DeFi.

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