RedStone Distributed Data Association
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RedStone Distributed Data Association - overview
Established
2021
Location
Baar, -, Switzerland
Primary Industry
Software
About
Based in Baar, Switzerland, RedStone operates as a developer of a cross-chain data oracle providing pricing data for financial protocols. The company was founded by its CEO Jakub Wojciechowski. In July 2021, RedStone received its latest funding from a group of investors that includes Maven 11 Capital, Arweave, and Collider Ventures. The company's product is a cross-chain data oracle that provides pricing data for financial protocols in any public and private data API by leveraging the Arweave blockchain.
The platform allows users to configure a proxy pointing to a smart contract and connect to a front-end using a web3 contract wrapper. It reads the data similar to using other oracles based on the on-chain storage. The company will use the latest funding to expand the partnerships with data providers and protocols and realization of its long-term product roadmap.
Current Investors
1kx Ventures, Collider, Maven11 Capital
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Analytics & Performance Software, Application Integration Software
Website
www.redstone.finance
Company Stage
Series A
Total Amount Raised
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RedStone Distributed Data Association - employee data
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