OKX Ventures backs STBL in partnership with Hamilton Lane and Securitize

STBL is a next-generation stablecoin and yield infrastructure provider, with an investment in STL as the strategic investment of OKX Ventures, the venture capital arm of the global cryptocurrency exchange.

In addition to the tokenization pioneer Avtar Sehra’s partnership with Hamilton Lane (HLNE), an alternative-investment management firm, and Securitize, a regulated digital securities issuance company that clients are BlackRock (BLK) who co-founded STBL, also announced their merger with HCL.

The companies said Thursday that the plan is to create a stablecoin supported by real-world assets (RWA) on OKX’s Ethereum-compatible layer-2 blockchain X Layer.

The project includes an investment fund to Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE), issued and tokenized through Securitize, a press release said.

A new phase is now in which tokenization must be effective and not just representation,’ said Sehra, who also serves as CEO of the company. A purpose-built architecture for RWA-backed stablecoins is provided by “STBL” with compliant yield management. , ” and.

This collaboration demonstrates how tokenization brings utility to assets when it’s combined with regulated issuance and programmable settlement, Securitize CEO Carlos Domingo said.

“By embedding institutional private credit directly into onchain money flows, we’re transforming tokenized assets into functional building blocks assets that can be settled, composed and used across financial applications, not just held.’ Domingo said in a statement from the source of his remarks at last week.

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