RedStone completed the acquisition of Security Token Market (STM) and the TokenizeThis conference on March 21, consolidating a large corpus of RWA-focused market data under its oracle infrastructure. The deal brings more than seven years of STM research and a dataset covering 800+ tokenized products into RedStone’s enterprise stack.
The acquisition expands RedStone’s data scope at a time when tokenized real-world assets are growing rapidly, and it positions the firm to supply richer feeds for valuation, risk and compliance use cases.
STM’s dataset covers multiple asset classes and adds granularity to RedStone’s existing oracles. The integration includes detailed historical and real‑time metrics that institutional teams rely on for pricing and due diligence.
RedStone also gains control of the TokenizeThis conference brand, giving it a platform to convene issuers, custodians and regulators. As RedStone described the announcement on its social channels, ‘RedStone acquires STM co and the TokenizeThis RWA summit,’ a move that explicitly shifts the company from a pure infrastructure provider toward market-facing thought leadership.
Market impact, competition and regulatory risks
Practically, the acquisition aims to reduce friction for institutions launching tokenized products by combining deep data with performant oracle delivery. RedStone already secures over $6B in on‑chain asset value and serves roughly 170 institutional clients across 110 chains and 1,300 assets; the STM data trove is likely to amplify those metrics by improving pricing, liquidity signals and compliance workflows.
Market-size figures cited around the transaction underscore opportunity and risk. Data noted a $60B tokenized-RWA market figure in the transaction coverage, while other media recorded the market at $24B as of June 26. Longer-term forecasts in the source material place tokenization in the trillions: $2–4T by 2030 (McKinsey), $16T (BCG) and $30T by 2034 (Standard Chartered).
The deal also raises competitive and operational questions. RedStone’s move increases pressure on oracle incumbents such as Chainlink and Pyth by emphasizing domain-specific depth over broad coverage. At the same time, the tokenized RWA market faces several structural hurdles that the combined entity must help clients navigate:
For traders and treasuries, the acquisition promises more authoritative pricing inputs and richer liquidity metrics—but it also tightens the link between on‑chain positions and off‑chain legal/regulatory outcomes.
Investors and institutional desks are likely to follow the TokenizeThis programming and upcoming regulatory guidance closely; those events will test RedStone’s ability to convert data depth into tradable liquidity and operational certainty for tokenized products.
