In an official Feb. 12 announcement, OKX Ventures confirmed its strategic investment in STBL, a stablecoin and yield infrastructure provider. STBL has teamed up with Hamilton Lane and Securitize to launch ESS, the first ecosystem-specific stablecoin on OKX’s Ethereum-compatible Layer-2 network, X Layer. The stablecoin will use a dual-token model backed by real assets, integrating institutional private credit directly into blockchain money flows. The project aims to embed regulated, asset-backed token issuance into financial applications, leveraging Hamilton Lane’s investment expertise and Securitize’s tokenization capabilities.