Obex, an incubator backed by Framework Ventures, has begun deploying $1 billion to link Sky's USDS stablecoin with real-world asset yields, including AI data centers, housing, and energy. The initiative partners with companies like Maple and Centrifuge to tokenize assets, aiming to expand USDS use cases and move beyond crypto-native yield sources. Sky expects annualized revenue of $435 million in 2025 and plans to increase USDS supply to over $20 billion next year, while Obex's mandate allows it to allocate up to $2.5 billion of reserves to real-world assets, thereby supporting this initiative.