Redstone, a FEEDS supplier of Oracle Data for Blockchains, is buying a creditor, a credit rating platform in the chain backed by Coinbase Ventures, S&P and Hashkey, among others. The financial terms of the agreement were not revealed.
The Oracle Risk Qualification Frame for Performance Assets and Strategies focused on decentralized finances (Defi) It will operate under the new Redstone Credora brand, companies said in a press release on Thursday.
Data shows that the growth of Nominal Defi strategies (that is, Morfo vaults) Redstone said that they exceed without classifying up to 25%, which was worth the usefulness of users. The acquisition aims to make for decentralized markets what S&P and Moody’s do in traditional markets, said Redstone.
“The qualifications are a natural extension of our services: we collect and deliver data in the chain, and the transparent grades transform it into processable intelligence,” said Marcin Kazmierczak, co -founder of Redstone.
“As Defi’s performance strategies become more complex, users need a simple way to navigate beyond the main peers. The qualifications provide that clarity. This is a fundamental step to make it define is safer and more ready for the institutional scale,” he said.
The Co -founders of Credora, Darshan Vaidya and Matt Ficke, join Redstone as strategic advisors, helping with integration and adoption.
“Another crucial point is that Redstone has been growing in the Rwa and Tokenization space, where many risks are not obvious to quantify, that is, with private tokenized credit or tokenized actions,” Kazmierczak added.
“We will work to help investors and actors navigate that space with our qualifications that will be a great support tool for institutions such as banks that enter cryptography,” he said.
