RedStone Brings Institutional Credit Pricing to Three Chains via FalconX Vault
RedStone has launched its pricing infrastructure for FalconX's private-credit vault holding more than $170 million in exposure across Monad, Plume and MegaETH.
The integration brings institutional credit pricing to these three chains, allowing lending protocols on each network to calculate how much a holder may borrow against AA_FalconXUSDC. The token represents the senior tranche of a depositor's position in the underlying credit portfolio.
FalconX calculates the Net Asset Value (NAV) before RedStone publishes it, and the company delivers the reported value rather than independently valuing the underlying loans. The system ensures that all three destination chains receive the same signed value from a single source.
RedStone's infrastructure provides data on more than 110 chains for over 200 clients, including Securitize, Morpho, Pendle, Spark, and Compound. The company also supplies pricing data for tokenized products, including BlackRock's BUIDL.