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Digital asset infrastructure company OFA Group reaches $15 million RWA tokenization agreement
Odaily Planet Daily reports: OFA Group, a digital asset infrastructure company listed on Nasdaq, announced that it has entered into an RWA tokenization services agreement with MD Queens Development. Through its physical asset tokenization platform Hearth, it will provide blockchain infrastructure support for a comprehensive development project in Long Island in New York and carry out tokenization in the early stages of development. The relevant digital assets will represent the project SPV interests rather than directly corresponding to underlying real estate ownership. Under the agreement, OFA will receive a total of $15 million in funding and will pay it in stages according to milestones. (Globenewswire)