Obex deploys 1 billion USD to connect Sky USDS with real-world asset yields

The Obex incubator, supported by Framework Ventures, plans to deploy 1 billion dollars, connecting Sky's USDS stablecoin with yields from real-world assets such as AI data centers, housing, and energy. The first partners include Maple, USD.ai, Daylight, Centrifuge, Securitize, River, TVL Capital, and Better, aiming to bridge the crypto market with traditional industries. As a long-running DeFi lending protocol and the issuer of the USDS token with a total issuance of 10 billion dollars, Sky is allocating up to 2.5 billion dollars in reserves to real-world assets through Obex, promoting the industry's shift toward the asset tokenization market estimated at around 26 billion dollars.