Obex has successfully secured $37 million in funding to develop a platform akin to 'Y Combinator,' specifically tailored for stablecoins backed by real-world assets (RWAs). This significant investment round was led by prominent investors Framework and Sky, who recognize the potential of integrating traditional assets with innovative financial technologies. Through this initiative, Obex aims to create an ecosystem that fosters the growth of RWA-backed stablecoins, providing a robust infrastructure that supports startups and projects in this emerging sector.
source: https://www.coindesk.com/business/2025/11/18/obex-raises-usd37m-to-build-y-combinator-for-rwa-backed-stablecoins-led-by-framework-sky