4 0
ORQO Launches in Abu Dhabi With $370M AUM, Plans Ripple RLUSD Yield
ORQO Group, with $370 million in assets under management, has launched a yield platform for Ripple's RLUSD stablecoin. The company combines expertise from traditional finance and digital assets, including entities like Mount TFI, Monterra Capital, Nextrope, and the Soil DeFi protocol.
- Headquartered in Abu Dhabi, ORQO seeks approval to expand services in the Middle East, viewing it as a key region for regulated digital asset growth.
- The initiative aligns with the trend of tokenizing real-world assets (RWAs), which could grow from a $30 billion market to $18.9 trillion by 2033, according to a Ripple-BCG report.
- Soil's yield platform will link RWA access to crypto capital, offering returns on stablecoin deposits from tokenized private credit, real estate, and hedge fund strategies.
- Future plans include launching credit pools for Ripple's RLUSD holders, enabling them to earn yields on their holdings.