Ex-Bloomberg Strategist Joins RedStone, Price Targets $0.62

RedStone has appointed former Bloomberg strategist Vignesh Iyer as a Strategic Advisor, signaling ambitious growth plans for its DeFi ecosystem. The project's native token (RED) shows bullish technical indicators, with Fibonacci levels, RSI, and MACD all pointing toward a potential rise to $0.62.

Iyer's extensive experience in Bloomberg's blockchain division brings institutional credibility to RedStone's modular oracle design. The platform aims to become a foundation for real-world asset tokenization, targeting institutional investors with enhanced speed, security, and reliability.

Futures market activity suggests growing speculation around the $0.62 price target. "This is the perfect moment for institutional involvement in tokenized assets," Iyer noted, highlighting the timing of his move.