Share this article
Crypto Oracle Firm RedStone Acquires DeFi Credit Specialist Credora
The acquisition combines RedStone’s real-time market data with Credora’s DeFi credit ratings expertise.
Updated Sep 4, 2025, 12:54 p.m. Published Sep 4, 2025, 12:30 p.m.
Make us preferred on Google
What to know:
- The acquisition aims to do for decentralized markets what the likes of S&P and Moody's do in traditional markets, RedStone said.
- Credora's co-founders, Darshan Vaidya and Matt Ficke, join RedStone as strategic advisors, assisting with integration and adoption.
RedStone, a provider of oracle data feeds for blockchains, is buying Credora, an on-chain credit rating platform backed by Coinbase Ventures, S&P, and Hashkey, among others. The financial terms of the deal were not revealed.
The oracle-powered risk rating framework for assets and yield strategies focused on decentralized finance (DeFi) will operate under the new brand Credora by RedStone, the companies said in a press release on Thursday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Data shows that the growth of rated DeFi strategies (i.e., Morpho Vaults) outpaces unrated strategies by as much as 25%, validating user utility, RedStone pointed out. The acquisition aims to do for decentralized markets what the likes of S&P and Moody's do in traditional markets, RedStone said.
“Ratings are a natural extension of our services: we gather and deliver data on-chain, and transparent ratings transform it into actionable intelligence,” said Marcin Kazmierczak, co-founder of RedStone.
“As DeFi yield strategies grow more complex, users need a simple way to navigate beyond headline APYs. Ratings provide that clarity. This is a foundational step towards making DeFi safer and ready for institutional scale,” he said.
Credora's co-founders, Darshan Vaidya and Matt Ficke, join RedStone as strategic advisors, assisting with integration and adoption.
"Another crucial point is that RedStone has been growing in the RWA and tokenization space where a lot of risks are not obvious to quantify, i.e. with tokenized private credit or tokenized stocks," Kazmierczak added.
"We will be working to help investors and DeFi actors to navigate that space with our ratings that will be a great supportive tool for institutions like banks going into crypto," he noted.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Specialized AI detects 92% of real-world DeFi exploits
New research claims specialized AI dramatically outperforms general-purpose models at detecting exploited DeFi vulnerabilities.
What to know:
- A purpose-built AI security agent detected vulnerabilities in 92% of 90 exploited DeFi contracts ($96.8 million in exploit value), compared with 34% and $7.5 million for a baseline GPT-5.1-based coding agent running on the same underlying model.
- The gap came from domain-specific security methodology layered on top of the model, not differences in core AI capability, according to the report.
- The findings come as prior research from Anthropic and OpenAI shows AI agents can execute end-to-end smart contract exploits at low cost, accelerating concerns that offensive AI capabilities are scaling faster than defensive adoption.
Top Stories
