RedStone Delivers FalconX Credit Vault NAV Across Multiple Chains

RedStone has made it possible for users to access the Net Asset Value (NAV) of the FalconX Credit Vault across multiple blockchains. The FalconX Credit Vault is a tokenized private credit fund launched on the Pareto platform in July 2025. It works by accepting USDC deposits and routing that capital into a Special Purpose Vehicle that lends to FalconX's institutional prime brokerage clients.

The vault has a structural design with protections such as an equity tranche that absorbs first losses, real-time risk monitoring, monthly interest distributions, and redemptions. The manager charges a 10% performance fee on returns. As of early September, the vault holds roughly $145 million in total value locked, with its NAV sitting at $1.11 and a trailing 30-day Annual Percentage Yield (APY) of approximately 7.41%.

RedStone's role is to provide reliable NAV data through its Trusted Single Source Oracle (TSSO) framework, co-developed with Securitize. The TSSO model treats the fund administrator's reported NAV as the authoritative source and delivers it on-chain in a verifiable format. RedStone has served as Securitize's primary oracle partner since the framework's inception.

The FalconX Credit Vault integration extends this model to another tokenized credit product. The feed currently runs across Ethereum, Polygon, Arbitrum, and Optimism, with expansion towards Monad already initiated. By anchoring a single authoritative NAV and replicating it across chains, RedStone removes fragmentation, ensuring the number is the same everywhere, updated on the same cadence, and traceable back to the same source.