
PANews|Sep 16, 2025 10:41
[ORQO Group Established in Abu Dhabi, Plans to Provide Yield Platform for Ripple Stablecoin RLUSD]
According to CoinDesk, ORQO Group has been established in Abu Dhabi, managing assets worth $370 million and integrating four traditional and crypto financial institutions: Mount TFI, Monterra Capital, Nextrope, and Soil. The group will utilize its Soil platform to offer on-chain yield services based on private credit for Ripple's RLUSD stablecoin on the XRP Ledger. ORQO has obtained licenses in Poland and Malta and is currently applying for regulatory approval from the Abu Dhabi Global Market. In the future, it plans to open multiple RLUSD credit pools, providing yield opportunities for institutional and protocol funds.
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