Security Token Market

What Security Token Market does

Security Token Market (STM) is a Miami-based data aggregation and tracking platform for the tokenized real-world asset (RWA) market. Founded in 2017 and operating as Security Token Market, LLC, the company tracks 804+ tokenized products across equities, real estate, debt, and fund structures, covering $67.88B+ in total market capitalization. Its core offering is a self-serve platform at stomarket.com (with a beta successor at stm.co) that aggregates real-time market cap, pricing, and volume data from 23+ marketplaces and protocols including tZERO, Securitize Markets, Ondo Finance, Bitfinex Securities, INX ONE, Levinswap, Orderbook, and UniswapV2. STM also operates specialized tracking modules for tokenized debt instruments (46 tokens) and distributes content through a Research Portal, Medium blog, STM TV YouTube channel, and the annual TokenizeThis NYC conference.

The company's business model combines subscription-based data services, professional consulting through Security Token Advisors, and research report sales. Pricing is not publicly disclosed and is offered through custom quotes. STM's customer segments include tokenization issuers (BlackRock, Ondo, Franklin Templeton, Hashnote, RealT), institutional investors, and accredited investors. The platform aggregates data across 110+ blockchain networks including Ethereum, Polygon, Avalanche, Stellar, Tezos, Optimism, Celo, R3 Corda, Hyperledger, SWIAT, and Provenance, spanning both public DeFi chains and permissioned institutional chains. In January 2026, STM was acquired by RedStone, a blockchain oracle provider, becoming a wholly-owned subsidiary with STM's data assets integrated into RedStone's oracle infrastructure for distribution across 110+ chains targeting US institutional markets.

Name

Security Token Market

Legal name

Security Token Market, LLC

Website

https://stomarket.com

Company type

Private

Founded year

2017

Operating status

Acquired

Headcount range

11–50 employees

Short description

Security Token Market (STM) is a Miami-based data aggregation platform tracking 804+ tokenized real-world assets across 110+ blockchains, serving tokenization issuers, institutional investors, and accredited investors with real-time pricing, market cap data, and research. Acquired by RedStone in January 2026.

Ownership category

akta.pro rank

Product category

Tokenized Real-World Asset Data and Analytics

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)

akta.pro secondary industries

Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA), Tokenized Securities & Capital Markets (Equity, Debt, Funds) (FSADAEAA)

Keywords

• Tokenized securities data
• Real-world asset analytics
• Blockchain market data
• Security token tracking
• RWA reference platform

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Data Services: Market data services for tokenized assets provided through platform access, charts, and data APIs.
2. Consulting Services: Professional consulting services through Security Token Advisors for tokenization projects.
3. Research Reports: Research portal providing market reports on tokenized assets.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Security Token Market operates a data aggregation and tracking platform for tokenized real-world assets, covering 800+ products across equities, real estate, debt instruments, and fund structures across 110+ blockchain networks. The platform delivers real-time market data, charts, research reports, and consulting services to institutional investors and tokenization issuers, with the TokenizeThis conference serving as its flagship annual industry event.

Product overview

Security Token Market is a unified data aggregation and tracking platform for the tokenized real-world asset (RWA) market. The core offering consists of the Security Token Market Platform (including its stm.co beta) which provides comprehensive tracking of over 800 tokenized products across equities, real estate, debt instruments, and pooled investment fund interests. The platform integrates Charts for real-time visualization, STM Services for consulting and data solutions, a Research Portal for analytical reports, and STM TV for educational content. Additionally, the TokenizeThis Conference brand (now under RedStone ownership) served as the company's flagship annual event for the tokenization industry. The platform tracks 46 tokenized debt instruments as a specialized module, and displays market data aggregated from multiple decentralized marketplaces including tZERO, Securitize Markets, Uniswap, Levinswap, INX ONE, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Security Token Market Platform A comprehensive data aggregation platform tracking over 800 tokenized real-world assets across equities, real estate, debt instruments, and fund structures with real-time market cap and pricing data. Used by institutional investors, asset managers, and tokenization issuers.
• STM.co Beta Platform A new beta version of the Security Token Market platform accessible at stm.co, providing the next generation of tokenized RWA data tracking and analytics. Used by institutional and professional users tracking the tokenized asset market.
• STM Services / Security Token Advisors Consulting Professional consulting and data services for tokenization issuers and institutional investors, delivered through Security Token Advisors. Covers tokenization advisory, market data solutions, and compliance tracking for tokenized asset projects.
• STM Charts Real-time charting functionality displaying market cap, price, volume, and price trends for 804+ tokenized assets across multiple marketplaces and blockchains. Available publicly as a free offering.
• STM Research Portal Subscription-based analytical reports and research content covering the tokenized real-world asset market, providing institutional-grade market intelligence on tokenized debt, equities, real estate, and fund structures.
• STM TV Educational video content related to security tokens and tokenized assets available on YouTube, providing market updates and thought leadership content for the RWA ecosystem.
• TokenizeThis Conference Annual flagship conference for the tokenization industry bringing together institutional investors, tokenization issuers, and RWA ecosystem participants. Positioned as a premium institutional engagement venue post-RedStone acquisition.

Quantifiable outcome

• $67.88B+ total market cap tracked
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and major.

• RedStonecoreStrategic or Co-development Partner · 20 January 2026RedStone, a blockchain oracle provider, acquired Security Token Market and TokenizeThis conference in January 2026. The acquisition brings STM's dataset covering 800+ tokenized securities with $60B+ market cap, along with deep institutional relationships, to combine with RedStone's existing oracle infrastructure across 110+ chains. STM founder Herwig Konings joined RedStone as adviser; COO Jason Barraza joined in business development roles.
• tZEROmajorTechnology or IntegrationtZERO serves as a key marketplace platform for tokenized securities tracked on STM, including TZROP equity token and multiple other security tokens.
• Securitize MarketsmajorTechnology or IntegrationSecuritize Markets is a primary marketplace for multiple tokenized products tracked on STM, including 22X Fund, Blockchain Capital, SPiCE VC, Science, and others.
• Ondo FinancemajorTechnology or IntegrationOndo Finance tokenizes US Treasuries and government securities. STM tracks OUSG ($727M market cap) and USDY ($2.16B market cap) on its platform.
• BlackRockmajorTechnology or IntegrationBlackRock's USD Institutional Digital Liquidity Fund (BUIDL) is tracked on STM with $1.27B market cap, representing one of the largest tokenized treasuries.
• Levinswap (RealT)majorTechnology or IntegrationLevinswap serves as marketplace for RealT's tokenized real estate properties. STM tracks 200+ RealT properties across US cities including Detroit, Chicago, Cleveland, and others.
• AktionariatmajorTechnology or IntegrationAktionariat provides tokenization solutions for European SMEs. STM tracks multiple Swiss and European equity tokens including Vidby AG, Boss Info AG, EHC Kloten Sport AG, and others.
• Bitfinex SecuritiesmajorTechnology or IntegrationBitfinex Securities serves as marketplace for tokenized assets including Blockstream Mining Note and Protos PRTS tracked on STM.
• INX ONEmajorTechnology or IntegrationINX ONE is a marketplace for security tokens tracked on STM including INX Limited, Millennium Sapphire, Republic Note, and EnergyFunders Yield Fund.
• WisdomTreemajorTechnology or IntegrationWisdomTree Prime provides tokenized funds tracked on STM including government money market, treasury, and equity digital funds on Stellar blockchain.
• Franklin TempletonmajorTechnology or IntegrationFranklin Templeton's OnChain US Government Money Fund (FOBXX/BENJI) with $662M market cap tracked on STM as one of the largest tokenized money market funds.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• RWA.xyz: RWA.xyz is a leading data dashboard and analytics platform tracking tokenized real-world assets across chains. It is the most direct competitor to STM in tracking tokenized Treasuries, private credit, and other RWAs with similar market-cap and category breakdowns.
• Dune Analytics: Dune is a community-driven on-chain analytics platform where users build dashboards on tokenized asset protocols (e.g., MakerDAO, Ondo, Centrifuge). It competes with STM for institutional RWA analytics mindshare and dashboards.
• Messari: Messari provides crypto market intelligence, research reports, and asset-level data covering tokenized securities, stablecoins, and RWAs. It overlaps with STM's research portal and institutional data subscriptions.
• CoinGecko: CoinGecko lists tokenized securities and security tokens with pricing and market cap data. It competes with STM for generalist and retail-level discovery of tokenized assets, though with less depth on RWA-specific analytics.
• Kaiko: Kaiko is an institutional digital asset market data provider offering reference data, indices, and pricing for crypto and tokenized instruments. It targets the same institutional buyer as STM with broader market data coverage.
• Token Terminal: Token Terminal provides on-chain financial metrics and protocol-level analytics, increasingly covering tokenized RWA protocols. It overlaps with STM's institutional analytics use case.
• Redstone (RedStone Oracles): RedStone is STM's parent post-January 2026 acquisition and a blockchain oracle provider serving 110+ chains. Pre-acquisition it was an adjacent infrastructure peer; post-acquisition the combined entity now internalizes STM's dataset into oracle feeds.
• CCData (CryptoCompare): CCData is a digital asset data provider offering institutional-grade pricing, reference data, and indices across crypto and tokenized assets. It overlaps with STM's institutional market data subscription offering.

Emerging players

• 21.co (21Shares): 21.co provides on-chain data and indexing infrastructure used by institutions building tokenized asset and ETP products. It is an adjacent infrastructure peer to STM/RedStone for institutional-grade data delivery.
• Allium: Allium is a blockchain data platform offering enterprise-grade data infrastructure across multiple chains, including tokenized asset activity. It competes for the same oracle/analytics workload that RedStone+STM now targets post-acquisition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• YouTubeyoutube.com/c/securitytokenmarket
• Xx.com/stomarket
• LinkedInlinkedin.com/company/stomarket

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Security Token Market