In an ambitious move towards enhancing blockchain infrastructure, OKX Ventures has made a strategic investment in STBL, a provider of next-generation stablecoin and yield solutions. This investment aligns with STBL’s announcement of its partnership with Hamilton Lane, a well-established global private markets investment firm, and Securitize, a premier digital securities issuance and tokenization platform. Together, they aim to introduce a new stablecoin backed by real-world assets on X Layer, OKX’s EVM-compatible Layer 2 blockchain.
X Layer is designed to facilitate seamless access to a multitude of tokens while offering robust liquidity and stability within OKX’s blockchain ecosystem. The initiative seeks to marry traditional finance with emerging blockchain technologies, enabling the issuance of regulated on-chain financial products that span institutional private credit and programmable settlement solutions.
At the core of this launch is a structured asset framework that features a feeder fund to Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE). This is intended to serve as a driving force behind scalable, regulated stablecoin issuance backed by tokenized tangible assets. Additionally, STBL is poised to debut the first Ecosystem-Specific Stablecoin (ESS) on X Layer, leveraging a dual-token architecture that distinguishes between immediate liquidity needs and yield generation.
OKX Ventures’ involvement is pivotal to STBL’s mission to establish an infrastructure for Money-as-a-Service, allowing various ecosystems to create and manage their own branded stablecoins that are underpinned by real-world assets. Jeff Ren, founder of OKX Ventures, emphasized that this collaboration fortifies the foundation required for the efficient operation of real-world asset (RWA) products, aiming to provide users with a more advanced ecosystem for RWAs.
Dr. Avtar Sehra, founder and CEO of STBL, highlighted the evolving RWA markets and the necessity for tokenization to offer real utility beyond mere representation. He stated that STBL is architected specifically for RWA-backed stablecoins coupled with compliant yield management, aspiring to unlock enhanced liquidity and effective utility within blockchain ecosystems.
Carlos Domingo, CEO of Securitize, added that combining tokenization with regulated issuance opens pathways for tokens to become functional financial components. By integrating institutional private credit directly into blockchain money flows, these assets can be transformed for use across various financial applications.
While the partnership showcases a forward-looking approach to stablecoin utilization, a disclaimer emphasizes the risks associated with stablecoins, tokenized assets, and other digital asset arrangements. Factors such as market risk and regulatory uncertainties are pointed out, cautioning potential investors to exercise due diligence.
Co-founded by notable figures in the blockchain space, STBL seeks to position itself as a leader in stablecoin infrastructure, enabling entities—from banks to governments—to launch branded stable-assets that are both transparent and yield-generating. The architecture includes USST, aimed at providing a dollar-pegged liquidity layer, and YLD, which denotes the yield rights derived from underlying reserves—a novel approach to stablecoin functionality.
OKX Ventures operates as the investment arm of a prominent crypto exchange and Web3 technology company, focusing on fostering blockchain innovation globally. Likewise, Hamilton Lane has built a reputation as a leader in private markets investment, managing a vast portfolio across North America, Europe, and Asia.
Through this collaborative effort, the fusion of traditional financial paradigms with blockchain technology proposes a more efficient, transparent, and utility-driven financial landscape, one that holds promise for the future of institutional investment and digital assets.
