Obex.xyz – GoDaddy customer – (United States)
Developers use .xyz domains to launch forward-looking DeFi platforms. Stablecoin network Stable.xyz, backed by PayPal Ventures, develops infrastructure for cross-border payments. Stablecoin infrastructure Tempo.xyz introduces blockchain for digital payments. Financial infrastructure platform Velocity.xyz bridges traditional finance and digital assets through stablecoin payments. In this week’s #BlockchainThursday, we’ll introduce you to an incubator designed to support early teams building yield-generating stablecoins backed by real-world assets: Obex.xyz.
Obex.xyz is the online home of Obex, a stablecoin incubator designed to support early teams developing yield-generating stablecoins built on real-world asset strategies. The program offers a structured environment where participants work on stablecoin models backed by categories such as compute credits, energy assets, or fintech lending. Sky (the entity formerly known as MakerDAO and the issuer of the USDS stablecoin) participates in the initiative and provides access to its resources, while Framework Ventures helps administer the incubator. In November 2025, Obex raised $37M from Framework Ventures, LayerZero, and Sky and can access up to $2.5B worth of Sky-authorized USDS for selected participants. The initiative is described as aiming to operate as a Y Combinator style program for stablecoin projects.1
Obex positions itself within a growing field of blockchain projects focused on bringing real-world credit activity onchain. According to a Forbes feature, stablecoin adoption continues to advance in both crypto and traditional finance, creating demand for new models that focus on income generation rather than payment utility alone. 2Obex’s emphasis on institutional risk review and access to structured liquidity places it within a segment of web3 infrastructure aimed to help teams launch stablecoins that incorporate underwriting practices and measured liquidity growth.
Obex highlights leadership involvement from Parker Edwards, who serves as Director of Obex and works as a Principal at Framework Ventures. According to LinkedIn, Parker’s background includes investment roles, advisory work, and time as Co-Founder and CEO at Proxy, where he focused on procurement tools for clean energy products. His experience in supporting early teams and evaluating new financial models aligns with Obex’s focus on developing stablecoin projects backed by real-world asset strategies.
Obex uses Obex.xyz as the online home for its incubator program. The short and memorable domain name helps reinforce the clarity of the project’s identity and keeps its web presence aligned with the organization’s name. .XYZ is widely used by blockchain and technology focused organizations, and Obex.xyz fits within this broader pattern of teams selecting short, memorable names for their online presence. You can learn more by following the initiative on X/Twitter and LinkedIn, and by visiting Obex.xyz.
1.https://www.forbes.com/sites/lawrencewintermeyer/2025/11/18/obex-set-to-be-the-y-combinator-for-stablecoin-startups-with-25-billion-mandate/ 2.https://www.forbes.com/sites/lawrencewintermeyer/2025/11/18/obex-set-to-be-the-y-combinator-for-stablecoin-startups-with-25-billion-mandate/XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
