Obex Incubator Successfully Raises $37M For Stablecoin Projects

Interestingly, the concept behind this will actually emphasise on improving the integration and utility of RWAs (Real-World Assets) as underlying methods to generate user engagement, as well as active rewards that can be beneficial to people’s daily lives rather than only on delta-neutral/hedging strategies. Sky will also offer its resources to help throughout the process, including both extra capital (circa $2.5B) and technical guidance.

Existing projects such as Daylight that focuses on enabling more sustainable energy generation throughout homes in the U.S. and USD.AI that bases its model on AI compute and GPUs, are some examples of what the 12-week incubator is looking for in the new year.