1/ We’ve officially raised $37M in a round led by @hiFramework, @LayerZero_Core, and @SkyEcosystem. $2.5B will also be deployed by Sky into projects incubated by Obex. Our mission: Provide teams with capital to launch innovative, yield-seeking stablecoin projects on Sky. 🧵👇

Today. 4pm ET. Vance Spencer and Michael Anderson on Rollup TV. Join in.

Meet @obexincubator, a new incubator for institutional-grade stablecoin projects bringing diversified yield to the Sky Ecosystem. Backed by up to $2.5B in USDS for deployment into the next wave of DeFi innovation, the 12-week program will be run out of San Francisco.

@obexincubator is brining the next wave of founders into the @SkyEcosystem

RWAs + yieldcoins didn't work in prior cycles for two reasons 1. Interest rates were at 0 2. There was no AI+Energy CAPEX cycle to lend against The yieldcoin 1.0 cringe complex was historically based on tokenized real estate and microlending We are in a different place now

$2.5 Billion. https://t.co/YaDU4uISJo

@therollupco Calling all Web 2.5 founders looking to access onchain liquidity

Framework's Obex is targeting institutional-grade stablecoin infrastructure. Parker Edwards breaks down the sectors: "We're really focused right now on energy finance. We backed USDA, a great example of compute backed financing. We're seeing people from traditional finance

Parker Edwards from Framework reveals what institutional stablecoin adoption unlocks: "For the first time, we're really seeing institutional adoption both on the investment side and a totally different type of opportunity coming on chain. We can bootstrap projects on day one. I

Rollup TV Day 3 Speaker Agenda is LIVE. See you on the show.

MonetSupply Head of Strategy at Spark discusses working with Vance and Michael from Framework. "I think they're awesome partners. They're pushing Sky towards net new DePIN projects, not just boring RWAs tokenizing onchain, but new asset classes into the system."

6/ Want to join Obex’s Q1 2026 cohort? Reach out at: hello@framework.ventures

JUST IN: @Obexincubator Raises $37M to Build 'Y Combinator' for RWA-Backed Stablecoins, Led by Framework, Sky

Obex Set To Be The Y-Combinator For #Stablecoin #Startups With $2.5 Billion Mandate @Forbes https://t.co/99aIpY01Qs

It's a big day for real-world collateral. Capital formation is simply faster and cheaper onchain. Excited to see @obexincubator lead the charge in bringing new yield products to DeFi with the help of @SkyEcosystem, @hiFramework, and @LayerZero_Core.

Great article covering @obexincubator by @lwintermeyer !

Sky authorizes up to $2.5 billion to back Obex-incubated crypto yield projects

@LayerZero_Core 3/ Each team successfully incubated via Obex will launch as an independent, decentralized project within Sky. We see Obex as the means to supercharge Sky's wider yield strategy which has already made them a top #3 stablecoin issuer last month. https://t.co/CAmMsHFCik

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Forbes article on Obex Incubator by @lwintermeyer All of TradFi are rushing to the stablecoin trend, and Obex is how they make sure it's done right: letting them tap into the liquidity of Sky and helping provide the Risk Adjusted Return of sUSDS https://t.co/hAlimTGYxF

Up to $2.5 billion of Sky authorized USDS stablecoins for deployment into select projects that graduate from the Obex incubator.