RedStone and Securitize Launch Onchain Price Feed for BCAP Token on ZKsync
RedStone has partnered with Securitize to introduce the first onchain price feed for Blockchain Capital’s $BCAP token on zksync Era. This development marks a significant step in the expansion of real-world assets (RWAs), a sector that has surged over 500% in the past year, now valued at more than $20 billion.
Tokenized assets have largely remained isolated from decentralized finance (DeFi) due to the absence of secure, real-time price feeds essential for lending, collateralization, and other applications. RedStone, the official oracle provider for Securitize, bridges this gap with its gas-efficient, multi-chain price feeds. The integration of BCAP on ZKsync follows similar support for other tokenized assets, including BlackRock’s BUIDL fund.
According to Marcin Kazmierczak, Co-Founder of RedStone, this initiative underscores the growing convergence of traditional finance and blockchain technology, unlocking new possibilities for institutional and retail participants alike.
Log in to Reply
Log in to comment your thoughtsComments
Related Articles
|Square
Get the BTCC app to start your crypto journey
Get started today Scan to join our 100M+ users