The crypto incubator Obex announced its successful funding of 37 million USD on November 18th, aiming to support next-generation stablecoin development, backed by notable investors including Framework Ventures and LayerZero.
Obex’s initiative will target real-world asset-backed stablecoins, investing in three key areas: computational credit, energy assets, and fintech lending, while offering support and infrastructure to early-stage projects.
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