$SECZ debuts on the New York Stock Exchange. Why is this big news for RedStone?
The historic connection between Wall Street and Web3 The boundaries separating traditional capital markets and decentralized blockchain networks have officially blurred. Securitize, the undisputed pioneer in tokenizing real-world assets (RWA – Real-World Assets), has finalized its strategic business combination with Cantor Equity Partners II and officially debuted on the New York Stock Exchange (NYSE) under the ticker symbol $SECZ. This exchange listing is a huge step forward for the entire crypto and finance industry. For years, skeptics from traditional finance have labeled Web3 a highly speculative playground reserved exclusively for retail crypto assets. Today, a fully regulated RWA provider is listed on the world’s most prestigious stock exchange. To make this milestone even more revolutionary, Securitize tokenized its own public shares worth $266 million on day one on the Avalanche and Solana blockchains, making them the largest tokenized public shares in the world at the time of the debut. The deep intertwining of “traditional stocks” with crypto foundations serves as an undeniable catalyst for mainstream crypto adoption by institutions, proving that public securities are permanently moving on-chain.
So you’re telling me that 90% of the entire value of RWA is just sitting idle in wallets instead of working in DeFi?
Tokenization is on the rise, $RED has emerged as a leader in the Oracle space within the RWA tokenization sector. But this is just the first step towards fully unleashing the potential of RWA on the blockchain!
The next move should be to push that "sleeping" capital towards DeFi!
Once we are talking about DeFi projects, what first comes to your mind? For me it's such slogan: "We are building 24/7" "Devs are cooking" "We are delivering"
And those slogans literally means: "We are building 24/7" - probably a lego castle in the office. "Devs are cooking" - probably a pasta for dinner "We are delivering" - yeah pizza as part time job...
And here comes RedStone, who instead of throwing empty slogans just doing their work. Every new week there is an announcemnt of new prize feeds secured by Red or new integration of whole dAPP or even big integrations in whole ecosystem! We are in the mid of June and let's see what happened in RedStone eco in this month: - integration with Sparkdotfi - new price feeds for AssetoFinance - Announcement of becoming masternode validator of XDCNetwork - Supporting RWA vault on Euler finance - price feed for ETHFI It's only 2 weeks of just and this happen! This is how the web3 companies should work!
I hope $RED token will finaly follow the way of work provided by RedStone!