Hamilton Lane is leveraging the RedStone oracle network to support its onchain SCOPE fund, which is issued via Securitize. The fund operates on Ethereum and other blockchains, with RedStone providing daily pricing data essential for its onchain functionality.
Victor Jung, head of digital assets at Hamilton Lane since June 2022, emphasizes that the success of tokenized private market funds depends on enabling direct wallet-to-wallet stablecoin transactions and the ability to use tokenized assets as collateral for borrowing.
RedStone operates as a modular oracle network focusing on stablecoins, real-world assets, lending markets, and compliance. The company launched its Sanctions Oracle on the Ethereum mainnet around October 8, 2026, which allows smart contracts to verify wallets against 463 aggregated sanctions lists.
The network utilizes the RED utility token, which has been active since its 2025 token generation event. Additionally, RedStone has partnered with the payments blockchain Tempo to provide FX and stablecoin price feeds for settlement across payment networks.
