OKX Ventures Backs STBL for Real-World Asset Stablecoin

According to a company press release, the collaboration will leverage STBL’s infrastructure to create a stablecoin collateralized by real-world assets. The underlying assets will be accessed through a feeder fund to Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE), with the tokenization process managed by digital asset securities firm Securitize. “RWA markets are entering a new phase, where tokenization must deliver real utility, not just representation,” STBL CEO Sehra stated in the release. The goal is to create a compliant, yield-bearing stablecoin integrated into the decentralized finance ecosystem.

• Investment Amount: Not disclosed (company claim)
• Target Blockchain: OKX X Layer (company claim)
• Tokenization Partner: Securitize (company claim)
• Underlying Asset Fund: Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE) (company claim)

This investment from OKX Ventures taps into the rapidly growing RWA tokenization trend, which seeks to bring the value and stability of tangible assets like credit, real estate, and securities onto the blockchain. The move places OKX in a competitive field alongside other major financial players exploring tokenized funds, such as BlackRock’s BUIDL fund. By backing the stablecoin with senior credit, which is higher in the capital stack, the project aims to offer a more secure and potentially yield-generating alternative to fiat-backed stablecoins. The involvement of established firms like Securitize and Hamilton Lane is intended to add a layer of regulatory compliance and institutional credibility.

The immediate focus for the partnership will be the technical development and deployment of the RWA-backed stablecoin on the X Layer network. Key details, including the project’s official timeline, the stablecoin’s name and ticker, and the specific yield mechanisms for holders, have not yet been announced. The success of the venture will likely depend on securing regulatory approvals, achieving broad adoption within the DeFi community, and the performance of the underlying credit assets. Observers will be watching to see if this model can provide the utility and compliant yield management that the companies have promised.