**RedStone Integrates Price Feeds with TON Blockchain**
RedStone, a blockchain oracle provider, has successfully integrated its price feed solutions into The Open Network (TON) blockchain. This marks the first oracle integration on TON, enabling developers to access real-time and accurate asset prices crucial for executing complex financial protocols.
**Challenges and Innovations**
Marcin Kazmierczak, COO at RedStone, highlighted the unique technical challenges of integrating with TON due to its dedicated sharding mechanism and complex message transmission system, unlike Ethereum-based systems.
**Ecosystem Growth**
Kazmierczak emphasized the potential for expanding TON’s decentralized finance (DeFi) ecosystem, supporting its GameFi and social applications. Future opportunities include exploring the liquid staking and restaking oracle sectors.
**Funding and Expansion**
On July 3, RedStone raised $15 million in a Series A funding round led by Arrington Capital, with participation from Spartan, SevenX, and IOSG Ventures. This funding aims to expand RedStone’s Oracle products and further enhance Web3 infrastructure.