Redstone, a well-known platform that provides Oracle Solutions, has announced its exclusive role in providing price data for the tokenized money market fund Buidl Fund with Coingecko, a well-known Crypto Data Aggregator. According to Redstone, the platform reportedly provides data from Coingecko’s BlackRock Buidl fund. The platform has used the official X account to provide details about this exclusive role.
Buidl Fund Data for Redstone Powers Coingecko
Redstone currently provides pricing data for the Buidl fund at @Coingecko, and is currently worth it with a market capitalization of around $20 billion.
This represents the largest institutional RWA token in a crypto ecosystem.
A thread on why this is important
– Redstone♦♥ (@redstone_defi) April 4, 2025
Redstone joins forces with Coingecko to provide safe and accurate data for Buidl funds
In collaboration with Coingecko, Redstone provides data for the Buidl Fund. This effort illustrates a groundbreaking development to integrate real-world assets into the cryptocurrency sector. Furthermore, the fund is positioned as RWA’s largest institutional platform on a diverse blockchain network. The Buidl Fund focuses on providing US dollar exposure to qualified investors through blockchain native structures.
The fund primarily invests in low-risk and highly liquid assets and repurchase agreements, such as US Treasury bills. With the tokenization of these traditional financial products, Buidl can offer unparalleled on-chain accessibility, bringing benefits to institutional investors. Securitize manages the tokenization of funds.
Securitize is a company well known for providing compliant securities in the form of digital assets. Separately, the price supply delivery from Redstone to Coingeckos shows an expansion of current collaboration with securitization. This increases accessibility and transparency for investors tracking Buidl’s performance.
Drive institutional and retail users’ engagement with tokenized assets
According to Redstone, its role in the supply of Buidl’s price supply at Coingecko highlights an increase effort to boost the financial revolution. By providing safe and accurate data, Redstone ensures that it meets the requirements of both retail and institutional investors. Overall, this increases your confidence in your involvement with the world of tokenized assets.