PANews reported on January 21 that, according to Cryptobriefing, oracle service provider RedStone has acquired digital asset data platform Security Token Market (STM.co) and its flagship conference TokenizeThis to accelerate the tokenization adoption of real-world assets and expand its influence in the US and institutional markets.

Founded in 2018, STM operates the world's largest tokenized RWA database, tracking over 800 tokenized stocks, real estate, debt instruments, and funds with a total market capitalization exceeding $60 billion. Its annual conference, TokenizeThis, brings together banks, asset management firms, regulators, issuers, and blockchain leaders to discuss asset tokenization in traditional and decentralized finance.