Redstone acquires Security Token Market to boost tokenized asset adoption

On January 21, RedStone acquired Security Token Market (STM.co) to enhance the adoption of tokenized assets. STM holds the largest collection of real-world asset data, aiming to bolster RedStone’s influence in institutional finance.

Founded in 2018, STM manages over 800 tokenized stocks and assets, accumulating a market capitalization exceeding 60 billion USD. Their annual conference, TokenizeThis, facilitates discussions among various financial stakeholders regarding asset tokenization.