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

MarsBitNews · 2026-04-07T00:09:14+00:00

OFA Group and MD Queens Development have reached an agreement to provide RWA tokenization services for the Long Island mixed-use development project in New York through their Hearth platform. OFA will receive $15 million in funding, paid in stages according to milestones.

MarsBitNews

2026-04-07 00:09:14

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Mars Finance News. According to a report by Globenewswire, OFA Group, a Nasdaq-listed digital asset infrastructure company, announced that it has entered into an RWA tokenization services agreement with MD Queens Development. Through its real-world asset tokenization platform Hearth, OFA will provide blockchain infrastructure support for a comprehensive development project in Long Island, New York, and tokenize it in the early stages of development. The related digital assets will represent the project SPV interests, rather than directly correspond to underlying real estate ownership. Under the agreement, OFA will receive a total of $15 million in funding and will make payments in stages based on milestones.

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