Digital asset infrastructure company OFA Group reaches $15 million RWA tokenization agreement

Deep Tide TechFlow news. On April 6, Globenewswire reported that OFA Group, a digital asset infrastructure company listed on Nasdaq, announced that it has entered into an RWA tokenization services agreement with MD Queens Development. It will provide blockchain infrastructure support for a comprehensive development project in Long Island, New York through its physical asset tokenization platform Hearth, and will tokenize at an early stage of development. The relevant digital assets will represent the project SPV’s equity interests rather than directly correspond to underlying real estate ownership. Under the agreement, OFA will receive total funding of $15 million and will pay it in stages according to milestones.