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

Oracle service provider RedStone has acquired the digital asset data platform Security Token Market (STM.co) and its annual conference TokenizeThis, aiming to promote the adoption of real-world asset tokenization and expand its influence in the US and institutional markets. Founded in 2018, STM operates the world's largest database of tokenized real-world assets, tracking over 800 on-chain stocks, real estate, debt instruments, and funds, with a total market capitalization exceeding $60 billions. The TokenizeThis conference brings together banks, asset management institutions, regulators, issuers, and blockchain leaders to discuss asset tokenization in both traditional finance and decentralized finance.