Digital Asset Infrastructure Company OFA Group Secures $15 Million RWA Tokenization Agreement

Odaily News: Nasdaq-listed digital asset infrastructure company OFA Group announced a RWA tokenization service 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, New York, and conduct tokenization during the early development stages. The related digital assets will represent equity in the project's SPV, rather than directly corresponding to the underlying real estate ownership. According to the agreement, OFA will receive a total of $15 million in funding, to be paid in stages based on milestones. (Globenewswire)