Sky-backed Obex spreads $1 billion across credit, energy and AI assets to expand stablecoin yield

Sky-backed Obex spreads $1 billion across credit, energy and AI assets to expand stablecoin yield

The stablecoin incubator is targeting tokenized assets tied to AI hardware, energy and housing to move Sky’s ecosystem beyond "circular" crypto yields.

Obex, the Framework Ventures-backed incubator, began deploying $1 billion on Wednesday to link the Sky ecosystems USDS stablecoin with income from tangible assets like AI data centers, housing and en… [+2055 chars]
Sky-backed Obex spreads $1 billion across credit, energy and AI assets to expand stablecoin yield - FHMnews