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.
RedStone Oracles co-founders Jakub Wojciechowski and Marcin Kazmierczak (RedStone)
RedStone Oracles co-founders Jakub Wojciechowski and Marcin Kazmierczak (RedStone)

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

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Nasdaq, home of Coinbase, Strategy stocks, seeks 23-hour trading amid investor demand

Nasdaq logo on a screen

Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.

What to know:

  • Nasdaq plans to expand stock and exchange-traded product trading to 23 hours a day, five days a week, according to a filing.
  • The move follows similar initiatives by the New York Stock Exchange and reflects growing global demand for extended market access.
  • Always-on cryptocurrency trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.