RedStone, an on-chain oracle provider, has acquired Credora, a crypto credit-rating startup backed by Coinbase Ventures, S&P and Hashkey. Financial terms were not disclosed.
The combined business will operate as Credora by RedStone, integrating RedStone’s real-time market feeds with Credora’s on-chain ratings for assets and yield strategies in DeFi. The aim is to give users a clearer way to evaluate risk beyond headline APYs.
RedStone highlighted platform data showing that rated DeFi strategies — such as Morpho Vaults — can outperform unrated equivalents by as much as 25%, a metric the company says validates user demand for standardized ratings.
“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, RedStone co-founder. Credora’s co-founders Darshan Vaidya and Matt Ficke will join as strategic advisors to smooth integration and adoption.
RedStone sees the combination as especially useful in the growing tokenization and real-world asset (RWA) space where risks can be opaque — for example, tokenized private credit or stocks. The firm says ratings will be a tool to help institutions, including banks, navigate those complexities and consider crypto exposure.
Risk note: On-chain ratings can improve transparency but are subject to model risk, data quality issues and changing market conditions. Ratings are informative, not investment advice.
Source: CoinDesk. Read the original coverage for full details.
