RedStone is set to experience a significant token unlock on February 28, releasing approximately 25-30% of its fully diluted value into circulation. As venture capitalists anticipate gains over 2000%, they may opt to sell their holdings. However, as of December, RedStone was appointed the primary oracle for the Canton Network, securing $6 trillion in tokenized real-world asset (RWA) pricing for major financial entities such as Goldman, JPM, and Citadel. This role underscores the importance of oracle integration in supporting institutional-grade asset tokenization. If RedStone’s value remains above 0.80 during this sell-off, it suggests institutional positioning has already been factored into its price, whereas a drop to 0.50 could present an opportunity to acquire critical Wall Street oracle infrastructure at favorable rates.
RedStone set for $156M token unlock amid Wall Street positioning
