ORQO Group, a new institutional asset manager with $370 million in assets under management, has launched on Tuesday with plans to build out a yield 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 and decentralized finance (De ...

Tokenization of Real-World Assets is Gaining Momentum, Says Bank of America https://t.co/TvPuqHRV88 ...