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RedStone has partnered with Securitize to introduce the first on-chain price feed for Blockchain Capitalβs $BCAP token on the ZKsync Era network. This development marks a significant step forward in the expanding realm of real-world assets (RWAs), a sector that has experienced over 500% growth in the past year, now exceeding $20 billion in total value.
Despite this impressive growth, tokenized assets have largely remained isolated from decentralized finance (DeFi) due to the absence of secure, real-time price feeds. These feeds are essential for enabling use cases such as lending, collateralization, and automated yield strategies within DeFi ecosystems.
RedStoneβs Role in Bridging the Gap
As the official oracle provider for Securitize, RedStone has addressed this critical gap by offering gas-efficient, multi-chain price feeds. The integration of the BCAP token price feed on ZKsync follows RedStoneβs previous support for other tokenized assets, such as BlackRockβs BUIDL fund. This innovation ensures that institutional-grade assets can now be seamlessly integrated into DeFi protocols.
Marcin Kazmierczak, Co-Founder of RedStone, highlighted the importance of this collaboration, stating that it opens the door for on-chain strategies involving tokenized venture capital assets and other regulated financial products.
ZKsync and the Rise of Real-World Assets
With over $2 billion in RWAs hosted on its platform, ZKsync is emerging as a major player in this rapidly growing sector, second only to Ethereumβs mainnet in terms of market size. The addition of the BCAP token and its live price feed on ZKsync provides a crucial infrastructure upgrade, enabling DeFi protocols to incorporate institutional assets into lending platforms, vaults, and other automated financial tools.
βThis is more than a price feed,β said Omar Azhar of Matter Labs. βIt signals that institutional finance is moving on-chain.β
The integration also allows BCAP to support DeFi-native yield products with real-time pricing that aligns with institutional standards. Securitize CEO Carlos Domingo emphasized the significance of this development, noting that it brings regulated financial instruments closer to the core of decentralized finance.
Building the Infrastructure for On-Chain Finance
Through their combined efforts, RedStone, Securitize, and ZKsync are building the essential infrastructure to integrate regulated assets into the DeFi ecosystem. This collaboration not only bridges the gap between traditional financial systems and blockchain technology but also paves the way for broader institutional adoption of on-chain finance.
The inclusion of real-world assets like BCAP in decentralized protocols represents a pivotal moment for the industry, offering new opportunities for yield generation and financial innovation while adhering to institutional compliance standards.
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