The new cryptocurrency incubator Obex has raised $37 million in funding to support revenue generating stablecoins According to CoinDesk, the Obex team, a new cryptocurrency incubator, stated in an interview that they have raised $37 million in funding to support the construction of a next-generation revenue based stablecoin led by Framework Ventures, LayerZero, and the Sky ecosystem. The plan aims to invest in and provide funding for projects that introduce real-world asset collateralization strategies onto the chain, bringing institutional level risk control and underwriting practices into this rapidly developing field. Obex will become Sky's latest funding formula, providing financial support for the project, helping it expand its scale from the massive reserves of the agreement, and generate revenue through strategic means. The plan will focus on stablecoins collateralized by high-quality real-world assets, with a particular emphasis on three core areas: computational credit (such as tokenized GPU infrastructure), energy assets (such as municipal level solar and battery deployments), and loans to large fintech companies. The incubator will provide funding, technical resources, and access to Sky infrastructure for early-stage teams to carry out a 12 week project. The team that has passed the risk and governance review may be eligible for additional funding support from Sky. Sky recently authorized the deployment of up to $2.5 billion in USDS to the Obex project in a governance vote.