PANews reported on March 12 that according to The Block, institutional tokenization company Securitize has selected RedStone as the main data provider for its existing and future products, which are issued by companies such as Apollo, BlackRock, Hamilton Lane and KKR. RedStone COO Marcin Kazmierczak pointed out that Securitize conducted "serious research for months" on oracles before choosing RedStone as its first oracle provider. The system adopts a "modular design" and "can be expanded to thousands of chains and support new implementations in a secure manner within a few days." The tool currently supports applications on Ethereum and EVM-compatible chains such as Avalanche and Polygon as well as TON, Sui and Fuel.