Obex has started allocating $1 billion of Sky ecosystem USDS reserves to real-world asset strategies with partners including Maple, Centrifuge and Securitize, following prior approval for up to $2.5 billion.
Obex has begun deploying $1 billion to connect Sky ecosystem stablecoin USDS yields to real-world assets. The Framework Ventures-backed incubator is working with Maple, Centrifuge and Securitize on the allocation. The deployment follows earlier authorization for Obex to allocate up to $2.5 billion of USDS reserves to real-world asset strategies, expanding Sky’s effort to link stablecoin yield generation to off-chain assets.