Blockchain Oracle supplier Redstone announced on Thursday that the decentralized credit specialist Credora is getting to create a uniform service that offers real -time price data in addition to risk assessments for decentralized financial (Defi) markets. The combined platform works under the Credora brand by Redstone.
Credora, originally founded as an X-margin in 2019, offers privacy-retaining credit risk technology. The Platform applies trusted implementation environments and zero knowledge certificates to generate standardized credit assessments without exposing sensitive financial information.
The company has collected financing from large backers, including Coinbase Ventures, Hashkey and S&P Global, and has already facilitated more than $ 1 billion in non -established loans on centralized and decentralized platforms.
Redstone currently offers Oracle -Feeds about more than 110 block chains and roll -ups, which means that more than $ 10 billion in value is locked without reported incorrect price incidents. By integrating the independent ratings of Credora, Redstone wants to expand its role from data assurance to usable intelligence for loans and strategies.
Co-founder Marcin Kazmierczak said in a statement that “as Defi yield strategies become more complex, users need a simple way to go beyond Headline Apys. Ratings offer that clarity.”
The companies said that assessed Defi strategies such as Morpho Vaults have grown up to 25% faster than non-classified colleagues, which underlines the demand from the users for risk there tools. Co-founders of Credora Darshan Vaidya and Matt Ficke will join Redstone as strategic advisers to support integration. The relaunch of Credora reviews is expected to include public access and API distribution in the Oracle Network of Redstone, which means that Dynamic,>
