Redstone worked with Securitize to launch the first Onchain price feed of Blockchain Capital’s ZKSYNC-era $BCAP token.
The $BCAP feed represents a key milestone in RWAS’s rapid growth. RWAS is a sector that exceeded 500% last year and is now over $20 billion, according to a company memo shared with Crypto.news.
Despite this growth, tokenized assets are largely silent from Defi due to lack of secure, real-time price supplies needed for loans, collateral and other use cases.
Redstone (Red), the official Oracle provider of Securitize, addresses this gap with a gas-efficient multi-chain price supply. ZKSYNC’s BCAP integration follows similar support for tokenized assets such as BlackRock’s Buidl funds.
According to Redstone co-founder Marcin Kazmierczak, the collaboration paves the way for an on-chain strategy that includes tokenized venture assets and other institutional grade products.
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zksync and rwas
Zksync, which hosts over $2 billion at RWA, only tracks Ethereum mainnet on the RWA market size. BCAP and its live price feeds allow the DEFI protocol to be integrated into lending platforms, vaults and automated collection strategies, as it is currently native to ZKSYNC. This is a tool that previously did not allow institutional assets to be used.
“This is more than a price supply,” said Omar Azhar of Matter Labs. “It shows that the institution’s finances are moving on the on-chain.”
Securitize CEO Carlos Domingo added that the feed will allow BCAP to support Defi-Native yield products with real-time pricing that meets institutional standards.
Redstone, Securitization, ZKSYNC is building the infrastructure to bring regulated assets to the core of decentralized finance.
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