RedStone partners with Cassa to bring EUR and CHF-denominated onchain yield to Europe using RedStone's oracle and liquidation infrastructure.
DeFi & Yields ·
RedStone has been selected as the data layer for Cassa, a platform bringing yield-generating opportunities to European users in EUR and CHF denominations. Cassa curates hard-to-price collateral including tokenized stocks and non-USD assets, currently holding $14.5M in total value locked.
The partnership leverages RedStone's existing infrastructure to address a structural gap in European onchain finance. RedStone's NAV feeds handle pricing for Cassa's specialized collateral, while RedStone Settle manages liquidations—critical for markets where underlying assets lack established pricing mechanisms. RedStone has expanded its data delivery capabilities across multiple blockchain networks and asset classes, enabling institutional-grade infrastructure for tokenized securities and real-world assets.
The arrangement reflects a broader shift toward regional yield products tailored to specific currency bases. Whether additional European protocols or asset managers will adopt similar structures, and how the EUR/CHF yield market develops against continued USD-denominated DeFi dominance, remains to be seen.