Openmarkets Group, an Australian fintech infrastructure provider, has announced plans to raise $50 million to enter the decentralized finance (DeFi) sector and expand into international markets, including Singapore, Hong Kong, and the United States. The company aims to use the funds to launch a cryptocurrency trading service, tokenize real-world assets, and establish a digital treasury for managing cryptocurrencies and stablecoins. CEO Dan Jowett stated that the digital treasury will be managed by third-party institutions, which may also invest in other Web3 companies. Openmarkets plans to prioritize the tokenization of illiquid assets like private credit and equity funds as part of a phased, medium- to long-term strategy. The company is in discussions with major liquidity providers such as HashKey, OKX, and Bitstamp to ensure adequate liquidity for its new services.