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StocksMedium•6 April 2026•

1 min read

OFA Group Signs $15M Agreement to Tokenize $1B Real Estate Project

Key Facts

1OFA Group (NASDAQ: OFAL) signed a $15 million agreement to provide Real World Asset (RWA) tokenization services.

2The agreement targets a $1 billion real estate development project in Long Island City in partnership with MD Queens Development LLC.

3The tokenization will be executed through OFA Group's proprietary Hearth RWA Tokenization Platform.

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OFA Group (NASDAQ: OFAL) has announced a strategic service agreement valued at $15 million to provide Real World Asset (RWA) tokenization services. The partnership involves MD Queens Development LLC and focuses on a massive $1 billion real estate development project located in Long Island City. Under the terms of the deal, OFA Group will utilize its proprietary Hearth RWA Tokenization Platform to digitize the project's assets. This move aims to integrate blockchain-based infrastructure into the management and financing of large-scale real estate developments. The agreement represents a significant milestone for OFA Group, validating its technological capabilities in the growing RWA sector. Investors are viewing the deal as a positive revenue driver that strengthens the company's market position within the digital asset ecosystem.