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.