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High Tech Series A Founded 2021

RedStone

RedStone operates a decentralized oracle network that provides secure, modular data infrastructure for on-chain finance, trusted by over 200 protocols across 110+ blockchains with $4.9 billion in total value secured. The platform supports 1,300+ assets and offers multiple delivery models including Pull, Push, and X-Layer, all with cryptographic guarantees. RedStone product stack includes Core Data Feeds with Price…

📍 Baar, Switzerland · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$15M
Date2 July 2024
Total raised$23M
Team size65

About

RedStone operates a decentralized oracle network that provides secure, modular data infrastructure for on-chain finance, trusted by over 200 protocols across 110+ blockchains with $4.9 billion in total value secured. The platform supports 1,300+ assets and offers multiple delivery models including Pull, Push, and X-Layer, all with cryptographic guarantees. RedStone product stack includes Core Data Feeds with Price Feeds supporting pull, push, and 110+ chains; Proof of Reserve for cross-chain and real-world asset (RWA) verification; Specialized Oracles including Atom OEV for MEV-resistant oracle updates and Bolt for sub-second push delivery; RedStone Live for real-time monitoring; and RedStone Settle for T+0 RWA collateral settlement. The platform enables developers to integrate tamper-proof price feeds in minutes through a simple smart contract interface. RedStone has been audited 15 times by leading security firms including Halborn, Cantina, PeckShield, ABDK, Codespect, and auditone. The platform serves institutional clients and DeFi protocols, with notable integrations including BlackRock BUIDL tokenized fund NAVs via Securitize, the Canton blockchain network with $6T of real-world assets, Hyperliquid permissionless markets via Hyperstone oracle, and Stellar DeFi infrastructure. RedStone is backed by prominent DeFi founders including Stani Kulechov (Aave), Sandeep Nailwal (Polygon), Emin Gun Sirer (Ava Labs), Richard Ma (Quantstamp), and Alex Gluchovski (zkSync). The RED token powers governance and staking. Founded in 2021 and headquartered in Baar, Switzerland, RedStone has raised approximately $22.9 million in Series A funding from investors including Lemniscap, Coinbase, Blockchain Capital, Distributedglobal, Maven 11, SevenX Ventures, KR1, Folius Ventures, IOSG, Arrington Capital, b2venture, Cherry Ventures, and 1kx. The company employs approximately 65 people and is recognized as a minicorn.

Business model

Smart Contracts > Contract Integration > Decentralised Oracle Network,

Blockchain Infrastructure > Smart Contracts > Decentralized Oracle Networks,

Cryptocurrencies > Financial Services > RegTech > Compliance Management

Institutional investors

Lemniscap Coinbase Blockchain Capital Distributedglobal Lattice Arweave Bering Waters Maven 11 SevenX Ventures KR1 Folius Ventures NUMEUS The Graph 4SV Permanent Ventures

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