OKX Ventures, the venture capital arm of the global cryptocurrency exchange, has invested in STBL, a next-generation stablecoin and yield infrastructure provider, as part of a partnership with Hamilton Lane and Securitize to bring an RWA-backed stablecoin to OKX’s Ethereum-compatible Layer-2 network, X Layer. The plan centers on developing a stablecoin backed by real-world assets on X Layer, with a feeder fund to Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE) issued and tokenized via Securitize.
STBL was co-founded by Reeve Collins, a co-founder of Tether, and Avtar Sehra, a tokenization pioneer. Sehra stated that “RWA markets are entering a new phase, where tokenization must deliver real utility, not just representation.” He added that “STBL provides a purpose-built architecture for RWA-backed stablecoins combined with compliant yield management.”
Securitize CEO Carlos Domingo noted, “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.” He described the collaboration as demonstrating how tokenization paired with regulated issuance and programmable settlement can unlock real utility for on-chain finance.
The partnership highlights the potential for RWA-backed stablecoins to bridge traditional credit markets with on-chain ecosystems, leveraging regulated issuance and private-credit expertise to enable on-chain money flows.
Leave a Reply