RedStone, a provider of oracle data feeds for blockchains, announced that it has raised $15 million in a series A round led by Arrington Capital. 🎉 This fresh capital will be used to hire new team members.

RedStone is focusing on bringing its partners to Ethereum's emerging restaking landscape. In April, RedStone signed a deal with Ether.fi, securing $500 million to bring RedStone's data sources into its ecosystem. 💰

“Restaking is one of the areas we are developing for various reasons that is very attractive,” said Jakub Wojciechowski, CEO of RedStone.

In addition to providing sickles for restaking protocols, RedStone provides data feeds for Ethereum, zkSync Era, Avalanche, Base, Polygon, Linea, Celo, Optimism, Arbitrum, Fantom, BNB Chain and Blast. 🚀

How do you think this move by RedStone will affect the DeFi and Web 3.0 world? I'm waiting for your comments! 😄#DeFi#Web3

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