RedStone raised $15 M in a Series A round on 2024-07-01.

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According to media reports, RedStone raised $15 M in a Series A round on 2024-07-01.the investors in this funding round include Arrington Capital,gumi Cryptos Capital,Kenetic Capital,HTX Ventures,Flowdesk,The Spartan Group,Amber Group,SevenX Ventures,IOSG Ventures,Selini Capital and others. Following this round, RedStone's total funding reached $22 M.
RedStone is a cross-chain data oracle technology that provides fast, cost-efficient access to data, a full historic audit trail, and an insurance-backed decentralized dispute mechanism. It gives users recourse in the event of inaccurate data provision. The project uses Arweave blockchain to store data and track reputation.

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RED Fundraising History
RoundAmountValuationTimeInvestor(s)
Series A$15 M--2024-07-01Arrington Capital,gumi Cryptos Capital,Kenetic Capital,HTX Ventures,Flowdesk,The Spartan Group,Amber Group,SevenX Ventures,IOSG Ventures,Selini Capital
Key Milestones
  • 2025-03-12
    Coinbase listed RED
  • 2025-03-06
    Binance listed RED
  • 2025-03-03
    $RED was live for trading
  • 2024-07-02
    RedStone raised $ 15 M in Series A round
  • 2024-05-04
    RedStone was live on mainnet
  • 2022-08-30
    RedStone raised $ 7 M in Seed round
  • 2021-07-13
    RedStone raised $ 520 K in Pre-Seed round
24-Hour High
$0.3453
24-Hour Volume
$374.68K
All-Time High
$0.9631
All-Time Low
$0.2316
Market Cap / FDV
28%
FDV
$343.00M
24-Hour Low
$0.3287
Market Cap
$343.00M
Circulating Supply
280.00M RED
Total Supply
1.00B RED
Max Supply
1.00B RED
Market Sentiment
Negative
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