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Obex, an Incubator By LayerZero, Sky, and Framework, will Fund Stablecoin Innovators

Twitter icon  •  Published 8 months ago on November 19, 2025  •  Hassan Maishera

Obex, a $37M incubator by Sky, Framework, and LayerZero to fund stablecoin innovators and enable Sky to deploy up to $2.5B in USDS to selected projects.

Obex, an Incubator By LayerZero, Sky, and Framework, will Fund Stablecoin Innovators

On Tuesday, the LayerZero team announced via X that Obex, a $37M incubator by Sky, Framework, and LayerZero to fund stablecoin innovators and enable Sky to deploy up to $2.5B in USDS to selected projects.

Obex scales Sky by funding builders to create new yield, liquidity, and credit opportunities for the $10B protocol. Obex is built around Framework Ventures’ thesis that stablecoins can function as powerful capital-formation tools, enabling them to compete with traditional institutions in financing capital-intensive projects.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.386, down 2.6% in the last 24 hours. 

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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