Institutional Asset Management Company ORQO Group Plans to Build Yield Platform for Ripple's RLUSD Stablecoin

On September 16th, as per CoinDesk's report, ORQO Group, an emerging institutional asset management company with a total of $370 million in assets under management, officially launched on Tuesday. It is planning to build a yield platform for Ripple's RLUSD stablecoin. Headquartered in Abu Dhabi, the ORQO Group has integrated four entities from the traditional finance and digital asset sectors. These include Mount TFI, a private debt management and licensed fund management company in Poland; Monterra Capital, a multi-strategy digital hedge fund in Malta; Nextrope, a blockchain engineering studio; and Soil, a decentralized finance (DeFi) protocol compliant with the EU's MiCA crypto framework. ORQO has obtained licenses in Poland and Malta and is currently seeking approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority to expand its business in the Middle East. The group considers this region a core market for regulated digital asset growth.