RedStone powers Hamilton Lane’s onchain push as Victor Jung flags stablecoin readiness

Hamilton Lane’s digital assets lead, Victor Jung, argues that the future of tokenized private markets depends on enabling wallet-to-wallet stablecoin transactions and collateralized borrowing. To achieve this, the firm utilizes RedStone as its oracle provider to supply daily pricing data for its SCOPE fund, which is issued via Securitize on Ethereum and other blockchains. This infrastructure is critical because blockchains cannot natively determine the value of private equity, necessitating reliable external data for lending and liquidity. RedStone has further expanded its capabilities by launching a Sanctions Oracle on Ethereum that screens wallets against 463 global lists in real time. Additionally, RedStone has partnered with the payments blockchain Tempo to support FX and stablecoin settlement feeds. These developments represent a shift toward making tokenized assets function like liquid capital rather than static holdings. By integrating compliance and pricing tools, these firms aim to overcome the historical illiquidity of private market products. While no specific timeline for mass adoption was provided, the focus remains on building the necessary plumbing to support institutional-grade onchain financial activity.