RedStone Settle enables T+0 exits for Centrifuge’s HYB fund
RedStone has launched RedStone Settle, an on-chain auction-based settlement layer designed to enable T+0 liquidity for tokenized real-world assets. Traditionally, tokenized funds like corporate bond strategies face T+3 to T+5 redemption delays, which prevents them from being effectively used as collateral in DeFi lending protocols. RedStone Settle solves this by utilizing a network of KYC-verified solvers who purchase tokenized positions instantly in exchange for a spread, effectively absorbing the settlement wait time. The system debuted with Centrifuge’s HYB fund, a corporate bond strategy managed in partnership with New York Life Investment Management, which oversees approximately $807 billion in assets. By integrating with RedStone’s oracle price feeds, the platform ensures that auction pricing remains accurate and fair during the liquidation process. This development is significant for the $30 billion RWA market, as it bridges the gap between traditional finance settlement cycles and the immediate liquidation requirements of decentralized finance. The initiative, supported by liquidity partner Symbiotic, marks a shift toward making institutional-grade assets more functional within on-chain lending ecosystems. This infrastructure improvement is essential for increasing the utility of tokenized assets beyond simple buy-and-hold strategies.
- ▸RedStone Settle enables T+0 exits for tokenized funds, bypassing standard T+3 to T+5 delays.
- ▸Centrifuge’s HYB fund, managed with NYLIM, serves as the initial asset for the settlement layer.
- ▸KYC-verified solvers provide immediate liquidity to DeFi protocols in exchange for a spread.
- ▸The broader RWA market reached approximately $30 billion in value by mid-2026.
Centrifuge is a decentralized protocol that enables the tokenization of real-world assets, allowing them to be used as collateral in DeFi lending markets. It provides the infrastructure for issuers to bring assets like corporate bonds and credit portfolios on-chain, often utilizing segregated portfolio structures to maintain regulatory compliance.