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Obex Raises $37M to Build 'Y Combinator' for RWA-Backed Stablecoins, Led by Framework, Sky

Obex Raises $37M to Build 'Y Combinator' for RWA-Backed Stablecoins, Led by Framework, Sky

The incubator aims to fund stablecoin projects backed by compute, energy and fintech credit using Sky's up to $2.5 billion commitment, Framework Ve...
Keel Debuts as Sky's Solana-Focused 'Star' With a $2.5B Roadmap to Boost RWAs and DeFi

Keel Debuts as Sky's Solana-Focused 'Star' With a $2.5B Roadmap to Boost RWAs and DeFi

The new protocol will channel USDS stablecoin reserves into Solana-based lending markets and real-world asset strategies.
S&P Assigns First-Ever Credit Rating to a DeFi Protocol, Rates Sky at B-

S&P Assigns First-Ever Credit Rating to a DeFi Protocol, Rates Sky at B-

S&P Global Ratings assigned Sky Protocol a B- rating with a stable outlook, marking the first time a credit rating company has assessed a DeFi prot...
Sky's Grove Expands to Avalanche With $250M RWA Plan, Partnering With Centrifuge, Janus

Sky's Grove Expands to Avalanche With $250M RWA Plan, Partnering With Centrifuge, Janus

The expansion brings tokenized versions of credit and U.S. Treasury funds to Avalanche as part of the network's institutional finance push.
Newest 'Star' in Sky Ecosystem Launches With $1B Tokenized Credit Strategy

Newest 'Star' in Sky Ecosystem Launches With $1B Tokenized Credit Strategy

Grove will receive a $1 billion allocation from DeFi lending giant Sky to invest in tokenized collateralized loan obligations.