ORQO Makes Waves in Abu Dhabi with $370M Launch, Eyes Ripple’s USD Yield Dominance
ORQO storms into Abu Dhabi's financial district with a staggering $370 million Series A—directly challenging Ripple's stablecoin yield products.
The Gulf's New Crypto Heavyweight
Backed by undisclosed sovereign wealth funds, ORQO's infrastructure platform targets institutional DeFi adoption. Its proprietary yield algorithm reportedly outperforms traditional stablecoin offerings by 180 basis points—no small feat in today's compressed yield environment.
Ripple's Yield Empire Under Siege
While Ripple dominates cross-border settlements, ORQO's modular architecture allows seamless integration with existing banking systems. The platform bypasses legacy intermediaries—cutting settlement times from days to milliseconds. Banking partners get API-first access to yield-generating protocols without regulatory headaches.
Abu Dhabi's Regulatory Gambit
The UAE's progressive crypto framework gives ORQO operational flexibility unseen in Western markets. Its ADGM license provides cover for Sharia-compliant yield products—a $2.8 trillion market largely untapped by crypto natives.
Wall Street's worst nightmare: a desert-based fintech that actually understands blockchain's potential beyond speculative trading.