Securitize is launching a stablecoin backed by tokenized private credit assets in partnership with Hamilton Lane, OKX Ventures and stablecoin infrastructure firm STBL, boosting efforts to bring institutional real-world asset production onto the blockchain rails.
Securitize has partnered with stablecoin infrastructure provider STBL, Nasdaq-listed private markets investment management firm Hamilton Lane and OKX Ventures, the investment wing of crypto exchange OKX, to help launch a new real-world asset (RWA)-backed stablecoin on the X Layer.
In a Thursday X post, Securitize said the new stablecoin will bring together institutional private credit, regulated tokenization and programmable settlement to support a “next-generation onchain financial infrastructure.”
The new product, described as an ecosystem-specific stablecoin, will be issued on OKX’s X Layer network and is backed by tokenized exposure to Hamilton Lane’s Senior Credit Opportunities Fund through a feeder structure facilitated by Securitize.
The stablecoin will use a dual-token architecture designed to separate production from the stable unit, as lawmakers and regulators in the United States scrutinize stablecoins that distribute passive returns to holders.
STBL said in Thursday’s X post that the new stablecoin “marks a definite leap forward in the convergence of institutional private markets and onchain finance.”
“This move brings deep liquidity, programmable settlement, and adaptive yield management to the X Layer ecosystem, setting a new standard for how capital flows across Anchain.”
STBL’s production architecture seeks to sidestep US regulatory concerns
Securitize said the structure aims to combine regulated tokenization of private credit with programmable settlement, while keeping stable tokens separate from the underlying product.
Under the model, returns are accumulated on a collateral layer rather than paid directly to stablecoin holders. STBL said in a statement that the framework aims to align with emerging regulatory expectations that seek to differentiate fixed payment instruments from investment products.
Cointelegraph has reached out to OKX Ventures and STBL for comment on the token’s architecture and production expectations.
Related: Sygnum sees tokenization and the end of state bitcoin reserves in 2026.
While underlying RWAs are yielding in the background, the new stablecoin framework seeks to separate stablecoins from profits, to avoid recent regulatory scrutiny on yielding stablecoins, STBL wrote in an X post on Jan. 14.
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The stablecoin architecture came in response to the US Market Structure Bill, which included a provision to ban passive production on stablecoin holdings.
The dual economy of the ESS stablecoin framework attempts to address this by deriving the yield from the underlying RWA assets through a separate token, so that the ESS stablecoin is not classified as a yield-bearing stablecoin.
Securitize is the largest tokenization platform with over $4 billion worth of tokenized assets. The platform is backed by the world’s largest asset manager, BlackRock, and investment banking giant Morgan Stanley.
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