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DeFi Oracle Platform RedStone Closes $7 Million Seed Round with Coinbase Ventures Involved

DeFi oracle platform RedStone closed a $7 million seed round led by Lemniscap with participation from Coinbase Ventures, Blockchain Capital, Distributed Global, Arweave and others. The funds raised will be used to expedite the rollout of its latest product suite with the aim of improving connectivity between blockchains and real-world data. RedStone, which currently delivers data feeds to more than 30 blockchains, including Ethereum, Avalanche and Polygon.
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Oracle

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Fund Raising

Coinbase Ventures

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