Obex Raises $37M to Build Incubator for RWA-Backed Stablecoin Projects

Quick take: Obex is building a Y-Combinator-like incubation program platform for stablecoin projects backed by real-world assets. The incubator will run for 12 weeks, offering early-stage founders capital, technical resources, and access to Sky’s infrastructure. Teams that pass risk and governance reviews may qualify for additional capital from Sky’s $2.5 billion deployment into Obex projects source: https://www.nftgators.com/obex-raises-37m-to-build-incubator-for-rwa-backed-stablecoin-projects/