Canton Blockchain Integrates RedStone Oracles to Unlock $6T in Real-World Assets for DeFi

The Canton Network, a privacy-focused blockchain designed for institutional assets, has announced a key integration with RedStone Oracles. This partnership aims to bridge the gap between traditional finance and decentralized finance (DeFi) by providing reliable, real-world data feeds. Canton, which is backed by major financial firms and reportedly has over $6 trillion in assets tokenized or in the pipeline, will leverage RedStone's oracle technology. This integration is expected to enable the creation of sophisticated DeFi applications, such as lending and derivatives, using tokenized real-world assets (RWAs) like bonds, funds, and private equity. The move is seen as a significant step towards institutional adoption of blockchain technology, enhancing liquidity and unlocking new financial products in the digital asset ecosystem.