RedStone launches price feed support for SECZ
According to Techub News, oracle provider RedStone has announced that it is supplying price feeds for SECZ, the equity token associated with RWA platform Securitize. The token is mirrored alongside New York Stock Exchange, or NYSE, listed trading activity and is available on both Avalanche and Solana, extending market data access into on-chain environments.
Under the arrangement, RedStone and Securitize jointly designed the TSSO, or Trusted Single Source Oracle, cryptographic standard. The framework is intended for assets that do not have continuous market prices and provides verifiable NAV, or net asset value, linked data for on-chain use. The model is particularly relevant for fund products and tokenized equities where secondary market liquidity may be limited.
TSSO targets low-liquidity fund assets across multiple chains
RedStone said it already supports cross-chain feeds for 6 institutional funds and tokenized stock products, including BUIDL, ACRED, and VBILL. Securitize, which focuses on compliant infrastructure for real-world asset tokenization, has listed its equity token SECZ on the NYSE. As Securitize's main oracle partner, RedStone uses the TSSO architecture to deliver on-chain verifiable NAV data for these assets, especially in cases where reliable secondary market pricing is not continuously available.
Each data update under the TSSO model includes a digital signature, timestamp, and hash, creating a tamper-evident audit trail for downstream verification. The service is currently deployed across several blockchains, including Ethereum, Avalanche, and Solana, giving tokenized financial products a standardized way to reference auditable valuation data across chains.