OKX Ventures today announced a strategic investment in STBL, a next-generation stablecoin and yield infrastructure provider. In addition, STBL announced a partnership with Hamilton Lane (Nasdaq: HLNE) and Securitize, a leading digital securities issuance and tokenization platform, to launch a new real-world-asset-backed stablecoin on X Layer. X Layer is OKX’s EVM-compatible Layer 2 blockchain, which gives customers direct access to thousands of tokens, deep liquidity and trusted markets, along with secure, low-cost, low-friction bridging within OKX’s onchain ecosystem. This collaboration aims to contribute to the evolution of blockchain-based financial infrastructure and support the responsible integration of traditional market frameworks with emerging onchain ecosystems, bringing together institutional private credit, regulated tokenization and programmable settlement infrastructure to advance regulated onchain financial products.
The asset framework supporting this launch incorporates a feeder fund to Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE), issued and tokenized via Securitize as an institutional-grade component within the broader collateral architecture. This structure is designed to enable scalable, regulated stablecoin issuance backed by tokenized real-world assets. In addition, as part of this initiative, STBL will introduce the first Ecosystem-Specific Stablecoin (ESS) on X Layer, using its dual-token architecture to separate liquid settlement from yield generation. The investment from OKX Ventures supports STBL’s mission to build Money-as-a-Service infrastructure, enabling ecosystems to issue their own branded stablecoins backed by RWAs.
“The collaboration strengthens the foundation for highly capital efficient RWA products across the network,” said Jeff Ren, OKX Ventures Founder. “RWA markets are entering a new phase, where tokenization must deliver real utility, not just representation,” said Dr. Avtar Sehra, Founder and CEO of STBL. “This structure shows how tokenization unlocks effective utility when it’s paired with regulated issuance and programmable settlement,” said Carlos Domingo, CEO of Securitize. “By embedding institutional private credit directly into onchain money flows, we’re turning tokenized assets into functional building blocks: assets that can be settled, composed and used across financial applications, not just held.”
STBL’s dual-token architecture enables networks, banks, institutions, and governments, among others, to launch their own branded stable-assets backed by real-world assets (RWAs), using STBL’s core primitives, USST and YLD. USST, the principal token, provides a fully collateralized, dollar-pegged base layer of liquidity, while YLD represents the blended yield rights of the underlying reserves. This design allows ecosystems to mint stable assets that are both transparent and yield-generating, with value flowing back to their own communities. STBL’s infrastructure underpins the launch of ESSs such as on X-Layer, leveraging USST as the universal reserve asset for ecosystem-specific deployments.
Leave a Reply