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[Obex Completes $37 Million Financing, Focuses on RWA-Collateralized Stablecoin Incubation] Crypto incubator Obex announced the completion of $37 million in financing, led by Framework Ventures, LayerZero, and the Sky ecosystem. Obex aims to incubate and fund yield-generating stablecoin projects, focusing on stablecoin strategies collateralized by high-quality real-world assets (RWA) and adopting institutional-grade risk control standards. Obex will act as the capital allocator for the Sky ecosystem, which has authorized the deployment of up to $2.5 billion USDS to qualified projects incubated by Obex. Framework Ventures co-founder Vance Spencer stated that Obex will offer a 12-week incubation program, providing early-stage teams with capital, technical resources, and access to Sky infrastructure.

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