ORQO Debuts in Abu Dhabi With $370M in A, Sets Sight on Ripple USD Yield
ORQO, a newly launched institutional asset manager in Abu Dhabi, has entered the market with USD 370 million in assets under management. The firm is positioning itself as a player in the growing digital assets ecosystem, focusing on innovative ways to merge traditional finance with blockchain-based solutions. By setting up operations in Abu Dhabi, ORQO aims to benefit from the city’s regulatory clarity and its status as a regional hub for fintech growth.
At the center of ORQO’s strategy is the planned development of the ORQO RLUSD yield platform, powered by its Soil protocol. The platform is designed to channel deposits in Ripple’s RLUSD stablecoin into tokenized private-credit strategies. This initiative will move forward under the necessary approvals from Abu Dhabi Global Market (ADGM), ensuring compliance and institutional-grade standards. CoinDesk
What is the ORQO RLUSD yield platform?
ORQO brings four businesses under one umbrella: Mount TFI (licensed private-debt manager in Poland), Monterra Capital (Malta-based multi-strategy digital hedge fund), engineering studio Nextrope, and Soil, a DeFi credit protocol aligned with EU rules. The combined group wants to package institutional-grade private-credit exposure into on-chain pools that accept RLUSD deposits on the XRP Ledger.
How the ORQO RLUSD yield platform would work
Soil would connect RLUSD deposits to tokenized real-world assets (RWAs) notably private credit, potentially real estate and hedge-fund strategies distributing yield to depositors while ORQO manages underwriting and compliance off-chain. Ripple’s RLUSD launched in December 2024 and operates on both XRPL and Ethereum, making it deployable across ecosystems.
Regulatory posture and regional strategy
ORQO is already licensed in Poland and Malta and is seeking Financial Services Regulatory Authority (FSRA) approval at ADGM to scale services regionally. Abu Dhabi has positioned itself as a regulated digital-asset hub, which ORQO views as favorable for institutional RWA products. Formal approval status and timelines were not disclosed.
Market context: RWAs move on-chain
Tokenization continues to migrate traditional instruments private credit, U.S. Treasuries, trade finance onto public ledgers. As of 2025-09-16, RWA value on-chain is ~USD 30B, per RWA.xyz dashboards. A Ripple/BCG study projects tokenized assets could reach USD 18.9T by 2033, though standardization and regulation remain hurdles.
CEO view
“It’s an opportunity to become a global on-chain asset manager,” CEO Nicholas Motz told CoinDesk, citing ORQO’s mix of off-chain asset management and on-chain execution.
Context & Analysis
ORQO’s structure combining a licensed private-debt manager (Mount TFI) with a DeFi credit marketplace (Soil) mirrors a broader RWA pattern: keep underwriting and compliance off-chain while settling and distributing yields on-chain. If FSRA approval comes through and RLUSD liquidity continues to build, Abu Dhabi could see more institutional treasuries test tokenized credit via stablecoins. Key variables will be borrower quality, transparency of reserve/loan data, and secondary liquidity for RLUSD on XRPL venues.
Conclusion
ORQO’s launch in Abu Dhabi sets the stage for connecting traditional private credit markets with capital from crypto stablecoins. By leveraging Ripple’s RLUSD and its Soil protocol, the firm aims to create a new pathway for institutional investors to access tokenized credit opportunities while expanding the role of blockchain in real-world finance.
The upcoming priorities for ORQO include securing regulatory approval from Abu Dhabi Global Market (ADGM) and rolling out RLUSD-denominated credit pools. These milestones will be critical in shaping the speed and scale at which institutional interest converts into sustainable, on-chain yield generation
FAQs
Q: What is ORQO?
A: A newly launched institutional asset manager consolidating Mount TFI, Monterra Capital, Nextrope and the Soil protocol under an Abu Dhabi entity.
Q: How will the ORQO RLUSD yield platform work?
A: By channeling RLUSD deposits into tokenized private-credit pools on XRPL through Soil, distributing on-chain yield from off-chain assets.
Q: Is RLUSD live?
A: Yes. Ripple began rolling out RLUSD in December 2024; it’s issued on XRPL and Ethereum.
Q: What is the size of the RWA market today?
A: Around USD 30B on-chain as of 2025-09-16, per RWA.xyz analytics.
Q: How large could tokenized assets become?
A: A Ripple/BCG report projects up to USD 18.9T by 2033, contingent on regulation and standardization.
Q: Who can participate in these pools?
A: ORQO targets institutional treasuries and protocol reserves; eligibility will depend on regulatory approvals and offering documents.
Q: What are the main risks?
A: Credit risk of underlying borrowers, regulatory risk, and stablecoin/custody operational risks; investors should review mandates and disclosures.