RedStone acquires data platform Security Token Market to accelerate the adoption of tokenized assets

According to market news, the oracle service provider RedStone has acquired the digital asset data platform Security Token Market (STM.co) and its flagship conference TokenizeThis, to accelerate the adoption of tokenization of real-world assets and expand its influence in the U.S. and institutional markets.

Founded in 2018, STM operates the world's largest tokenized RWA database, tracking over 800 on-chain stocks, real estate, debt instruments, and funds, with a total market capitalization exceeding $60 billion. Its annual conference TokenizeThis brings together banks, asset management institutions, regulators, issuers, and blockchain leaders to discuss asset tokenization in traditional finance and decentralized finance.