Gate News, April 6, the Nasdaq-listed digital asset infrastructure company OFA Group announced that it has reached an RWA tokenization services agreement with MD Queens Development. OFA will, through its real-world asset tokenization platform Hearth, provide blockchain infrastructure support for a comprehensive development project in Long Island, New York, and conduct tokenization in the early stages of development. The relevant digital assets will represent the project SPV (special purpose vehicle) equity, rather than directly corresponding to underlying real estate ownership. Under the agreement, OFA will receive total funding of $15 million and will pay in phases according to milestones.
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