RedStone acquires tokenization platform Security Token Market

Oracle solutions provider RedStone (RED) has acquired real-world asset (RWA) tokenization platform Security Token Market (STM) and its conference business for an undisclosed sum, Cointelegraph reported. The acquisition gives RedStone access to STM's data on over 800 tokenized products, including stocks, real estate, bonds, and funds, as well as the brand rights to its tokenization conference.