Framework Ventures Is Deploying $2.5 Billion Into Institutional-Grade Yield | Parker Edwards

Obex, backed by Framework and Sky, is deploying $1B across eight teams to onboard real-world assets and scale institutional yield on-chain.

Key Takeaways

Obex launches with a $2.5B mandate, deploying $1B initially across eight vetted teams to incubate institutional yield products and scale RWA liquidity.
Capital allocation is dynamic and concentrated by sector—AI, energy, structured credit—with continuous re-underwriting and larger commitments for capital-intensive industries.
Institutional adoption is real: Apollo, BlackRock and banks are participating; Framework partners with Maple, Centrifuge, Securitize, Grove and Spark to underwrite and scale assets.
Products include tokenized assets, on-chain CLOs and lending facilities integrated into Sky with plug-in risk reporting; Sky’s PSM protects USDS peg and instant one-to-one flows.
Obex selects founders for deep domain expertise and team quality; incubation combines risk, technical and legal frameworks and integrates partners into proven infrastructure.
Expect rapid progress: product announcements in months, measurable USDS growth (targeting large supply expansion to $20B by 2026); practical advice—evaluate USDS, Sky and sUSDS for diversified yield.