ORQO Group has launched a $370 million asset management operation in Abu Dhabi, integrating four traditional finance and crypto asset companies. The group aims to provide on-chain yield services for Ripple's RLUSD stablecoin holders through its compliant yield platform, Soil, which is based on private credit. ORQO has secured licenses in Poland and Malta and is seeking approval from the Abu Dhabi Financial Services Regulatory Authority to expand in the Middle East. CEO Nicholas Motz highlighted the initiative as a step towards becoming a global on-chain asset manager, aligning with the growing trend of integrating traditional financial tools into the blockchain sector.