New at Bitcoin Suisse: Trading and custody of RedStone (RED) and Berachain (BERA)
Mar 27, 2025 - 7 min read
Zug, Switzerland, 27 March 2025 – Bitcoin Suisse is pleased to announce the addition of RedStone (RED) and Berachain (BERA) to its comprehensive trading and custody offering. Effective immediately, Bitcoin Suisse clients can trade and securely store RED and BERA, further expanding their access to a growing range of digital assets. By integrating RedStone and Berachain, Bitcoin Suisse continues to provide its clients with a gateway to innovative developments in the digital asset space.
This article briefly summarizes the two protocols and provides insights into their key aspects.
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RedStone (RED)
RedStone is an Ethereum-based oracle service, aiming to solve existing inefficiencies in current blockchain oracle systems by providing customizable and cost-efficient data streams, to enable decentralized applications to access data feeds that are regularly updated, reliable and secure.
The Modular Blockchain Oracle
RedStone utilizes a modular architecture to achieve efficient scaling and offers data feeds to more than 70 blockchain ecosystems, both layer 1 and layer 2 protocols across both EVM and non-EVM chains.
RedStone price feeds source exchange rates not only from centralized exchanges but also from decentralized exchanges, thus enabling a fast and reliable asset support.
Their modular architecture enables RedStone to provide data beyond standard crypto price feeds, such as data for Liquid Restaking Tokens, Bitcoin DeFi derivatives and real-world assets.
DeFi protocols across the industry already trust RedStone's security architecture for crypto price feeds, which is also reflected in the nearly $6 billion in secured assets, making RedStone the fourth largest oracle infrastructure in terms of total value secured (TVS).
RedStone’s RED token
RED is the utility token of RedStone and plays an important role in increasing the economic security of the RedStone oracle stack. By leveraging RedStone's Autonomous Verifiable Service (AVS) on EigenLayer, RedStone taps into assets which are staked in EigenLayer for additional security.
Market Capitalization and Tokenomics
The market capitalization of RedStone is currently $160 million, with a fully diluted valuation of $590 million. The current circulating supply is 280 million RED tokens, accounting for 28 percent of the max supply of 1 billion RED tokens. You can read more about the RED tokenomics here.
Learn more about RedStone here.
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Berachain (BERA)
Berachain is an EVM-identical Layer 1 blockchain which introduces a new cryptoeconomic mechanism called Proof-of-Liquidity (PoL). Berachain is EVM-identical in the sense that it aims to be identical to the Ethereum Virtual Machine (EVM) at the execution layer. Whenever the EVM is upgraded, Berachain can adopt the latest version, and developers can deploy any applications or protocols designed for EVM-compatible chains directly on Berachain.
Berachain pursues the goal of better aligning the incentives of network users, validators, and applications and creating an ecosystem that derives its value from the applications built on it, rather than the other way around.
Proof-of-Liquidity
For Berachain, Proof-of-Liquidity (PoL) is an extension of the Proof-of-Stake mechanism, to change the structure of Layer 1 economics, as it prioritizes users and applications over validator rewards at the baseline.
The alignment of economic incentives between network participants is enabled through a two-token model – one token primarily responsible for the security of the blockchain (BERA) and one token which is used for governance and rewards (BGT).
The Proof-of-Liquidity lifecycle essentially aligns the interests of validators, protocols and users, as network security is tied to active liquidity provision and reward distribution.
- Validators need BGT delegation to maximize their BGT emissions; validators are incentivized to efficiently direct their emissions to the protocols to earn protocol incentives and attract more delegations from users.
- Protocols compete for BGT emissions by offering incentives to validators and users,
- and users earn BGT by providing liquidity to protocols and delegate to validators who maximize returns via efficient distribution of emissions.
Market Capitalization and Tokenomics
Berachain currently has a market capitalization of $880 million with a fully diluted valuation of $4 billion. The current circulating supply is 108 million BERA tokens, accounting for roughly 20 percent of the total supply of 500 million BERA token. Read more about the BERA tokenomics and vesting schedule here.
The total value locked (TVL) on Berachain is currently $3 billion, making it the seventh-largest chain in terms of TVL.
Learn more about Berachain here.
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The addition of RED and BERA reflects Bitcoin Suisse’s ongoing commitment to expanding its digital asset offering with carefully selected projects that align with the future of blockchain technology.
As with all assets available on the platform, clients will benefit from 24/7 trading on Bitcoin Suisse Online and Bitcoin Suisse’s industry-leading custody services. RED and BERA can be securely stored in the Bitcoin Suisse Online Account. For an additional layer of security, clients can store their RED tokens in the institutional-grade, high-security Bitcoin Suisse Vault.