1/ We just co-led a $37M round in Obex (@obexincubator), an incubator for institutional-grade stablecoin projects.
Equally big:
Sky will deploy up to $2.5 Billion of USDS into Obex-incubated projects that bring innovative/diversified yield back to the @SkyEcosystem.
🧵👇

1/ We’ve officially raised $37M in a round led by @hiFramework, @LayerZero_Core, and @SkyEcosystem.
$2.5B will also be deployed by Sky into projects incubated by Obex.
Our mission: Provide teams with capital to launch innovative, yield-seeking stablecoin projects on Sky.
🧵👇

Obex

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