| Type | Private company; decentralized oracle protocol |
|---|---|
| Industry | Blockchain, decentralized finance (DeFi), oracle services, market data |
| Founded | 2020 ‐ 2021 (development began 2020; company founded 2021)[6][8] |
| Founders | Jakub Wojciechowski, Marcin Kaźmierczak, Alex Suvorov |
| Headquarters | Poland (approx. 80% of team); distributed internationally[8] |
| Key people | Jakub Wojciechowski (CEO) Marcin Kaźmierczak (COO) Mike Massari (advisor) |
| Products | RedStone Oracles (Push/Pull), RedStone Bolt, RedStone Atom, RedStone Settle, RedStone Live, Credora risk ratings, RED token |
| Subsidiaries | Credora (2025), Security Token Market (2026) |
| Total funding | ≈US$22 million (2024)[8] |
| Website | redstone.finance |
RedStone is a blockchain oracle and data infrastructure company that delivers real-world data, such as asset prices, to smart contracts on more than 110 blockchain networks.[24] Founded by Polish developers Jakub Wojciechowski, Marcin Kaźmierczak, and Alex Suvorov, the company is known for its modular oracle architecture supporting multiple data delivery models, and for providing price feeds for tokenized real-world assets (RWAs) issued through the tokenization platform Securitize on behalf of institutions including BlackRock, Apollo, Hamilton Lane, and KKR.[17][18]
By 2025, RedStone was regarded as the third-largest blockchain oracle provider globally, after Chainlink and Pyth Network, reporting more than 160 business clients and over US$8 billion in total value secured (TVS).[8] Following its 2025 acquisition of the credit-rating platform Credora, the company expanded from price feeds into on-chain risk ratings, and after acquiring Security Token Market in 2026 it added real-world-asset market intelligence and the TokenizeThis conference to its operations.[25][27] Its native RED token launched in February 2025 via Binance Launchpool.[14] In June 2025, Forbes Poland named RedStone the country’s number-one startup.[8]
Development of RedStone began in 2020, when Jakub Wojciechowski, a former smart-contract auditor at Zeppelin Solutions (OpenZeppelin) and blockchain architect at Akropolis, started building an alternative to existing oracles during the Open Web Foundry incubation program of the Arweave blockchain.[6][33] According to the company, the idea grew out of the founders’ hackathon experience, where projects were repeatedly abandoned because available oracles were too slow, expensive, or unreliable to launch with.[1] Wojciechowski was joined by Marcin Kaźmierczak and Alex Suvorov, whom he had met within the Polish blockchain community in 2018; the company describes itself as founded in 2021, with the oracle service launching in the first half of that year.[8]
In its early years RedStone developed two products: RedStone Oracles, a cross-chain price feed service covering long-tail tokens, foreign exchange, and commodities; and Warp Contracts, a modular smart-contract platform on Arweave that decoupled storage from computation.[1] RedStone’s “storageless” design transferred data via meta-transactions rather than expensive on-chain storage, enabling updates every few seconds at low cost. Early deployments included Ethereum, Avalanche, Arweave, Polygon, and Celo.[1]
After an initial pre-seed round in 2021, RedStone raised a US$7 million seed round in August 2022 led by Lemniscap, with participation from Blockchain Capital, Coinbase Ventures, Distributed Global, Lattice Fund, Arweave, KR1, Bering Waters, Maven11, SevenX Ventures, Folius Ventures, Numeus, The Graph, 4SV, Permanent Ventures, and Compute Ventures.[1][2][3] At the time the company had a team of eight, roughly 80% engineers, and its oracle covered more than 1,000 assets with over 4 million data points delivered.[1]
RedStone carried out its first commercial mainnet deployments in January 2023, beginning with the launch of lending protocol DeltaPrime on Avalanche, the first protocol to fully use RedStone’s pull-based “Core” model in production.[5][6] During 2023 the company introduced its three named data-consumption models ‐Core (pull), Classic (push), and X (for perpetuals) ‐ and expanded to protocols including Mento on Celo, Premia on Arbitrum, Cadence on Canto, CIAN, Venus, and Lido’s stETH, as well as Aave on Avalanche’s institutional Spruce testnet.[5] Early real-world-asset work included a price feed for an Amundi short-term Euro treasury-bond ETF with Angle Protocol and on-chain SOFR rates with Voltz.[5]
In May 2023, RedStone closed an exclusive angel round backed by prominent Web3 founders including Stani Kulechov (Aave), Sandeep Nailwal (Polygon), Alex Gluchovski (Matter Labs/zkSync), Emin Gün Sirer (Ava Labs/Avalanche), Richard Ma (Quantstamp), and Patrick Dai (Qtum), alongside contributors from GMX and Lido; total funding at that point reached about US$7.5 million.[4] The same year RedStone became the first oracle on Canto and The Open Network (TON), supported ecosystem launches including Linea, Base, zkSync Era, Optimism, Scroll, and Polygon zkEVM, partnered with rollup-as-a-service providers such as AltLayer, Caldera, Gelato, Conduit, and Manta, launched the RedStone Expedition community program, and established its research arm with three market reports.[5]
2024 was a period of rapid growth: total value secured rose from about US$110 million in January to US$6.6 billion by year-end (an increase of roughly 6,000%), with 22 new chains and 72 new clients added, including Pendle, Morpho, Venus, Euler, and FraxLend.[12] In April 2024, RedStone signed a restaking-delegation agreement with Ether.fi committing US$500 million in restaked ETH to secure RedStone’s oracle network via EigenLayer‐described as the first such deal for oracle security.[10] In July 2024, the company raised a US$15 million Series A led by Arrington Capital.[6][7] Later that year it upgraded to multi-feed relayers, launched the first Bitcoin staking oracles with Babylon-ecosystem players such as Lombard (LBTC), supported new networks including Berachain, Monad, Unichain, Swell L2, Ink, and Story Protocol (as exclusive oracle), and was ranked the top “hot crypto project” by RootData.[11][12] In March 2024, RedStone and the unrelated Lattice-built Layer 2 “Redstone Chain” publicly agreed to coexist under similar names.[9]
In early 2025 RedStone reorganized around a decentralized structure and token economy. The Swiss-based RedStone Distributed Data Association (RDDA) was announced in February 2025 to steward a decentralized network of independent data providers,[13] followed by publication of RED tokenomics on 12 February and the token’s launch via Binance Launchpool on 26 February 2025, with pre-market trading from 28 February and a community “Miner Airdrop” at the token generation event in March.[14][15] In January 2025, RedStone became the first major oracle to deploy an Actively Validated Service (AVS) on EigenLayer, and released CLARA, an agent-to-agent communication framework built on the AO computer.[16][32]
In March 2025, Securitize named RedStone its primary oracle provider for current and future tokenized funds, including BlackRock’s BUIDL, Apollo’s ACRED, and Hamilton Lane products.[17][18] The partnership extended through the year: the first BCAP (Blockchain Capital) feed on ZKsync Era in May, a Solana launch bringing BUIDL and ACRED pricing to protocols such as Drift in May, and the co-authored Trusted Single Source Oracle (TSSO) whitepaper for NAV data in July.[21][22][23] In April, RedStone launched Bolt, a real-time push oracle on MegaETH delivering an update every 2.4 milliseconds, and appointed former Chainlink Labs director Mike Massari as strategic advisor.[19][20] In July it introduced Atom, an oracle with “liquidation intelligence” that captures oracle-extractable value (OEV) for lending protocols.[24]
In September 2025, RedStone acquired Credora, a DeFi-native credit-rating platform backed by Coinbase Ventures, S&P Global, and HashKey, creating what it described as the first oracle combining real-time prices with standardized risk ratings; Credora co-founders Darshan Vaidya and Matt Ficke joined as strategic advisors.[25][26] By this time RedStone reported securing over US$10 billion across 110+ chains with more than 170 clients.[24] In December 2025 the company integrated with the Canton Network, an institutional blockchain reportedly hosting around US$6 trillion in tokenized assets, as primary oracle infrastructure.[31]
In January 2026, RedStone acquired Security Token Market (STM.co) and its TokenizeThis conference, adding a dataset covering more than 800 tokenized securities with over US$60 billion in market-cap coverage and expanding the company’s presence in U.S. institutional markets; STM executives Herwig Konings and Jason Barraza joined RedStone.[27] In March 2026 the company presented the “RedStone Stack”, a unified layer combining price data, liquidation intelligence (Atom), and Credora risk ratings,[28] and launched RedStone Live, a low-latency off-chain streaming service covering equities, commodities, forex, indexes, and crypto with 24/7 coverage.[29] In April 2026 it announced RedStone Settle, an auction-based liquidation-settlement system enabling tokenized real-world assets with long redemption windows to function as DeFi collateral.[30]
Jakub Wojciechowski is RedStone’s founder and chief executive officer. Based in London before founding the company, he followed the Ethereum ecosystem from 2015, co-founded the blockchain social-impact platform Alice, worked as a blockchain architect at Akropolis, and audited smart contracts at Zeppelin Solutions (OpenZeppelin), where he observed inefficiencies in existing oracle architectures that motivated RedStone’s design.[8]
Marcin Kaźmierczak is co-founder and chief operating officer. A co-founder of the ETHWarsaw conference, he was named to the Forbes “30 Under 30” list in Poland and leads the company’s business operations.[8]
Alex Suvorov is a co-founder and engineer. A Belarusian national with a Polish passport, he met Kaźmierczak while both were at university in Poland in 2018 and contributed to building Arweave’s oracle infrastructure before joining Wojciechowski’s project to lead engineering work.[8]
RedStone operates a modular oracle architecture that separates data collection, aggregation, and on-chain delivery. Oracle nodes gather data from centralized and decentralized exchanges and enterprise data providers, aggregate it using methods such as median, TWAP, or liquidity-weighted (LWAP) pricing, sign it, and publish it to an off-chain Data Distribution Layer (DDL), from which it is delivered on-chain according to conditions set by each application.[33] The company states this reduces gas costs by up to 90% compared with continuously pushing data on-chain, and that all delivered data is verified on-chain, tying feed integrity to the destination chain’s consensus.[4] Since 2024 a single multi-feed relayer per chain can update any subset of supported feeds, replacing per-feed adapter contracts.[11] RedStone specializes in pricing yield-bearing collateral ‐ liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and value-accruing stablecoins ‐ using techniques such as slippage-based weighting and fundamental (contract-ratio) feeds.[33]
RedStone has raised approximately US$22 million across four rounds. The Series A was structured as a simple agreement for future tokens (SAFT) with no equity component.[7]
| Round | Date | Amount | Lead | Selected participants |
|---|---|---|---|---|
| Pre-seed | 2021 | Undisclosed | ‐ | Early global funds[8] |
| Seed | August 2022 | US$7 million | Lemniscap | Blockchain Capital, Coinbase Ventures, Distributed Global, Lattice Fund, Arweave, KR1, Bering Waters, Maven11, SevenX, Folius Ventures, Numeus, The Graph, 4SV, Permanent Ventures, Compute Ventures[1] |
| Angel round | May 2023 | Undisclosed | ‐ | Stani Kulechov (Aave), Sandeep Nailwal (Polygon), Alex Gluchovski (Matter Labs), Emin Gün Sirer (Ava Labs), Richard Ma (Quantstamp), Patrick Dai (Qtum), contributors from GMX and Lido[4] |
| Series A | July 2024 | US$15 million | Arrington Capital | SevenX, IOSG, Spartan, Alphemy Capital, Protagonist, gumi Cryptos, Samara Asset Group, White Star Capital, Amber Group, Selini Capital, HTX Ventures, Kenetic, Chorus One Ventures, Flowdesk, and angels from Berachain, Ether.fi, and Puffer[6][7] |
In September 2025, RedStone acquired Credora, a decentralized credit-rating platform originally founded as X-Margin in 2019 and backed by Coinbase Ventures, S&P Global, and HashKey. Credora’s technology uses trusted execution environments and zero-knowledge proofs to generate standardized ratings without exposing sensitive data; the platform had facilitated more than US$1 billion in uncollateralized loans. Terms were not disclosed. The combined offering, “Credora by RedStone”, was positioned as a DeFi analogue to S&P and Moody’s, with ratings introduced to Morpho and Spark in November 2025.[25][26]
In January 2026, RedStone acquired Security Token Market (STM.co), a research and data firm tracking more than 800 tokenized securities with over US$60 billion in combined market capitalization, together with its TokenizeThis conference, which became RedStone’s flagship institutional summit in New York. STM chief executive Herwig Konings joined as Head of TokenizeThis and COO Jason Barraza as institutional business development lead.[27]
RED is an ERC-20 utility token on Ethereum with a maximum supply of 1 billion, hardcoded in a non-upgradeable contract; it is bridged to Solana, Base, and other networks via the Wormhole Native Token Transfer standard. The token launched through Binance Launchpool on 26 February 2025 with a circulating supply of 280 million (28%) at the token generation event; 72% of supply was initially locked under a four-year release schedule.[14] Distribution comprises Early Backers (31.7%), Ecosystem & Data Providers (24.3%), Core Contributors (20%), Community & Genesis (10%), Protocol Development (10%), and Binance Launchpool (4%), placing 48.3% in ecosystem and community categories.[14]
RED’s primary utility is staking for economic security: data providers and holders stake RED through RedStone’s EigenLayer AVS (natively or via EigenPie’s liquid-staked mRED), with rewards intended to flow from data-usage fees paid in assets such as ETH, BTC, SOL, and USDC. Misreporting data providers can be penalized through slashing.[14][15] A 10% Community & Genesis allocation funded an airdrop to participants of the RedStone Expedition, with anti-sybil filtering.[15]
RedStone’s engineering-heavy team (around 40 people in 2025) is predominantly based in Poland, with about 80% of staff in the country. In a 2025 Forbes Poland interview the company reported 2024 revenue of PLN 3.7 million with a net profit of PLN 208 thousand, and a token-implied valuation of roughly PLN 365 million.[8] The RedStone Distributed Data Association (RDDA), an independent Swiss-based entity announced in February 2025, issues the RED token and stewards the decentralized data-provider network.[13][8] A “Guard Program” announced the same month onboarded independent data providers including P2P, Keyrock, Auros, and Kaiko. Strategic advisors include former Chainlink Labs integrations director Mike Massari (from April 2025) and Credora co-founders Darshan Vaidya and Matt Ficke.[20][25]
RedStone operates a research arm, established in 2023, that publishes market reports on DeFi sectors, including the LSTfi Report (2023), Liquid Restaking and Restaking Reports (2024), Yield Bearing Assets & Stablecoins Report (2025), Solana Lending Markets Report (2025), and the Tokenization & RWA Standards Report (2026), often co-authored with firms such as Gauntlet, Stablewatch, the Tokenized Asset Coalition, and DL Research.[5][34]
Community programs have included the RedStone Expedition (2023‐2025), a three-season points campaign whose “RedStone Gems” activity points were recorded on Arweave and later counted toward the RED airdrop, attracting over 200,000 participants on Discord; it was succeeded in 2025 by the quarterly RedStone Miners Program with specialized contributor cohorts.[12][15] The company also hosts the online RedStone Summit and, since 2026, the TokenizeThis conference.[27]
Industry trackers and the company describe RedStone as the fastest-growing blockchain oracle of 2024‐2025 and the third-largest overall, behind Chainlink and Pyth Network. In mid-2025 the company reported over 160 B2B clients, more than US$8 billion secured, and support for 109 ‐ 110+ blockchains, with a stated goal of surpassing Pyth and eventually challenging Chainlink’s market leadership by 2027 ‐ 2028.[8] RedStone states that it has recorded zero mispricing events since its mainnet launch.[29] Clients have included Compound, Morpho, Ethena, Spark, Venus, Drift, Kamino, Pendle, Euler, ether.fi, Lombard, Gearbox, Securitize, and Spiko.[24]