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JUST IN: Obex, incubator by Framework Ventures and backed by a $2.5 billion mandate from the Sky, shared its first 8 project cohort: - Maple - USD.AI - Daylight - Centrifuge - Securitize - River - TVL Capital - @tinmanAI $1 billion will be deployed across these companies and...

29,480 просмотров • 5 месяцев назад •via X (Twitter)

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A $1B deployment just kicked off inside one of DeFi's biggest stablecoin ecosystems. The target isn't crypto. It's AI hardware, mortgages, and solar panels. Obex, a stablecoin incubator backed by Framework Ventures, started moving $1B into tokenized real-world assets yesterday (Connecting Sky's $USDS to yields from actual infrastructure instead of DeFi's traditional circular loops.) For context: $USDS has $11.7B in circulation and Sky pulled in $338M in 2025 revenue. The goal is to push supply past $20B - and that requires yield sources beyond what crypto-native lending can produce. Obex has a mandate to allocate up to $2.5B of Sky's reserves into real-world assets. Wednesday was day one. And the partner list covers a LOT of ground: - Maple (structured credit) - USD dot ai (AI infrastructure) - Daylight (energy) - Centrifuge (tokenized assets) - Securitize (securities) - River (bitcoin) - TVL Capital (private credit) - Better (mortgages) Each one is a different corner of the real economy getting wired into DeFi yield. The tokenized real-world asset market hit $26B last year (tripling in 12 months) driven by investors who want predictable returns instead of speculation. DeFi's old model was a closed loop: Protocols paying users in tokens that those same users recycled back into the protocol. Parker Edwards from Framework Ventures put it simply: "We're moving beyond circular DeFi yield sources and toward high-quality yield from structured credit markets, fintech, energy infrastructure, AI CapEx, real estate, and other productive sectors." Watch the $USDS supply grow from here. 👀

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EXCLUSIVE: Rachel Reeves has proposed increasing defence spending by less than £10 billion over the next four years despite stark warnings that Britain’s “national security and safety is in peril” The chancellor has outlined plans with the prime minister for a “limited” increase amid concern about the impact of the Iran war on the public finances The armed forces have warned that they are facing a funding gap of around £28 billion over the next four years on their existing plans However a government source said that Reeves has proposed an increase in funding of less than £10 billion during her discussions with Sir Keir Starmer, fearing a bigger increase would be unaffordable The Iran war has pushed up the cost of government borrowing and households face higher energy bills, petrol costs and prices in shops The chancellor is drawing up plans for a targeted energy bill bailout for low-income households this winter and is also expected to shelve plans to begin increasing fuel duty by 5p a litre from September at a cost of about £2.6 billion. Both measures will add to pressure on the public finances The State of It political podcast from The Times and The Sunday Times has been told that Reeves is unwilling to break her fiscal rules or increase taxes to boost defence spending John Healey, the defence secretary, is pressing for a bigger increase as there are concerns that £10 billion will not be enough, given the increasing likelihood that British forces will be deployed to Ukraine and the Middle East

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42,545 просмотров • 4 месяцев назад