Orqo Group, a new institutional asset manager with $ 370 million in assets under administration, launched on Tuesday with plans to build a performance platform for Rlusd Stablecoin de Ripple.
The group, based in ABU Dhabi, consolidates four traditional finance and digital finance entities: Mount TFI, a private debt specialist and licensed fund manager in Poland, Monterra Capital, a multi-stranger digital coverage background in Malta, study of blocking blocking Nextrope and finance finance decantalized finances (Defi) Protocol The soil that meets Mica, the EU cryptographic framework.
Already licensed in Poland and Malta, the group is looking for the approval of the Financial Services Regulatory Authority in the Global Market of Abu Dhabi to expand services in the Middle East, a region that considers a center for the regulated growth of digital assets.
“It is an opportunity to become a global asset manager in the chain,” said the Orqo CEO, Nicholas Motz, in an interview with Coindesk. “We have all the pieces: the management of assets outside the chain and also in the chain.”
Orqo’s effort is part of a larger trend that has been remodeling cryptography markets: move traditional financial instruments such as private credit, US treasures or commercial financing agreements in blockchain networks. The process is also known as real world asset tokenization (RWAS). Rwa.xyz data show that the RWA market has become a sector of almost $ 30 billion, although it is still small compared to traditional financial markets, such as the private credit sector of $ 2 billion. Even so, the growth potential is immense: the RWA token market could reach $ 18.9 billion by 2033, projected a joint report of Ripple and BCG.
The floor of the performance platform is a key piece in the Orqo game plan, which connects the company’s RWA access with Crypto Capital. Its objective is to provide yields of stablcoins deposits of private credit funds, real estate and tokenized coverage.
As part of the next stage, the firm plans to open several credit groups aimed at RLUSD Stablecoin Ripple holders in the near future, allowing investors as institutional treasures or protocol reserves to obtain performance in their holdings.
Read more: the tokenization of real world assets is gaining impulse, says Bank of America
