The Orqo Group, a new institutional asset manager with $ 370 million in property under management, was launched on Tuesday with plans to develop a harvest platform for Ripple’s RLUSD Stablecoin.
The group, headquartered in Abu Dhabi, consolidates four entities from both traditional finance and digital assets: Mount TFI, a private debt specialist and licensed fund manager in Poland, Monterra Capital, a Multi-Strategy Digital Hedge Fund in Malta, Blockchain Engineering Studio Nextrope (Defi) The protocol ground that follows MICA, the EU crypto framework.
Escapes in Poland and Malta, the group is looking for approval from the Financial Services Regulatory Authority at the Abu Dhabi Global Market to expand services in the Middle East, a region that he sees as a hub for regulated digital asset growth.
“This is an opportunity to become a global on-chain asset manager,” Orqo CEO Nicholas Motz said in an interview with CoinDesk. “We have all the pieces: Managing off-chain assets, and on-chain too.”
Orqo’s efforts are part of a greater trend that re -develops crypto markets: transferring traditional financial instruments such as private credit, US wealth, or financial dealings to blockchain networks. The process is also known as tokenization of real-world assets (Rwas). Data from rwa.xyz Showing that the RWA market has grown in nearly $ 30 billion sectors, though remains small compared to the traditional financial market such as $ 2 trillion private sector credit. However, the potential growth is immense: the RWA tokenized market can reach $ 18.9 trillion by 2033, a joint report Ripple and BCG are expected.
The yield of the land platform is a major piece in the ORQO gameplan, which connects access to the RWA of the firm with a crypto capital. It aims to provide returns to deposits of stablecoins from tokenized private credit, real estate and fence fund techniques.
As part of the next stage, the firm plans to open a lot Credit pools Targeting Ripple’s Rlusd Stablecoin holders in the near future, which allows investors such as institutional wealth or protocol reserves to earn yield in their holdings.
Read more: The tokenization of real-world assets gets momentum, says Bank of America
