{"id":1299,"date":"2025-05-28T21:35:48","date_gmt":"2025-05-28T21:35:48","guid":{"rendered":"https:\/\/bitunikey.com\/news\/redstone-powers-rwa-access-on-solana-with-drift-integration\/"},"modified":"2025-05-28T21:35:48","modified_gmt":"2025-05-28T21:35:48","slug":"redstone-powers-rwa-access-on-solana-with-drift-integration","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/redstone-powers-rwa-access-on-solana-with-drift-integration\/","title":{"rendered":"RedStone powers RWA access on Solana with Drift integration"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders.\u00a0<\/p>\n<p>The integration brings tokenized funds like Apollo\u2019s ACRED and BlackRock\u2019s BUIDL onto Solana\u2019s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries.<\/p>\n<p>This move marks a shift from simple asset tokenization to full composability, enabling these RWAs to be used in lending protocols, vaults, and other DeFi applications.\u00a0<\/p>\n<p>The first application, Drift Institutional, is expected to integrate RedStone\u2019s (RED) feeds, setting the stage for broader institutional access to Solana-native DeFi.<\/p>\n<p>\u201cThis is a foundational step in making RWAs not just visible but usable in DeFi on Solana,\u201d said RedStone co-founder Marcin Kazmierczak, in a note to crypto.news.\u00a0<\/p>\n<p>Securitize, which collaborates with asset managers including BlackRock and Apollo, has over $3.6 billion in tokenized assets under management. <\/p>\n<p>Its head of credit and DeFi, Reid Simon, called the integration a step toward seamless TradFi-DeFi interoperability.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Solana\u2019s role in DeFi<\/h2>\n<p>Solana\u2019s low-cost, high-throughput infrastructure positions it as a logical host for real-world financial products.\u00a0<\/p>\n<p>With RedStone\u2019s oracles now feeding secure, attested data from Wormhole Queries, developers can begin building DeFi products tied to off-chain assets with stable yields.<\/p>\n<p>The move follows RedStone\u2019s earlier RWA integration on Polygon with Morpho, where an ACRED-backed vault went live. The Solana rollout could accelerate similar launches, expanding access from institutional desks to retail users.<\/p>\n<p>The integration is also seen as a case study for how oracle networks and tokenization standards can make RWAs more than a narrative \u2014 enabling real, yield-driven use cases in DeFi.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders.\u00a0 The integration brings tokenized funds like Apollo\u2019s ACRED and BlackRock\u2019s&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1299"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1299\/revisions"}],"predecessor-version":[{"id":1300,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1299\/revisions\/1300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1221"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}