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Finances Investing and Crypto News > Blog > Crypto > RedStone powers RWA access on Solana with Drift integration
Crypto

RedStone powers RWA access on Solana with Drift integration

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Last updated: 28/05/2025 9:44 Chiều
admin
Published 28/05/2025
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RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders. 

The integration brings tokenized funds like Apollo’s ACRED and BlackRock’s BUIDL onto Solana’s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries.

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. 

The first application, Drift Institutional, is expected to integrate RedStone’s (RED) feeds, setting the stage for broader institutional access to Solana-native DeFi.

“This is a foundational step in making RWAs not just visible but usable in DeFi on Solana,” said RedStone co-founder Marcin Kazmierczak, in a note to crypto.news. 

Securitize, which collaborates with asset managers including BlackRock and Apollo, has over $3.6 billion in tokenized assets under management.

Its head of credit and DeFi, Reid Simon, called the integration a step toward seamless TradFi-DeFi interoperability.

Solana’s role in DeFi

Solana’s low-cost, high-throughput infrastructure positions it as a logical host for real-world financial products. 

With RedStone’s oracles now feeding secure, attested data from Wormhole Queries, developers can begin building DeFi products tied to off-chain assets with stable yields.

The move follows RedStone’s 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.

The integration is also seen as a case study for how oracle networks and tokenization standards can make RWAs more than a narrative — enabling real, yield-driven use cases in DeFi.

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