OFA Group expands Hearth platform with $500M Florida RWA tokenization deal

* OFA Group (OFAL [https://seekingalpha.com/symbol/OFAL]) announced on Thursday that it signed an RWA tokenization agreement via its Hearth platform for a residential real estate project with Vero 60 and Vero Beach Land Development.
* Under the deal, OFAL will provide blockchain infrastructure services, including token creation, smart contract deployment, digital registry management, and compliance-related technology tools.
* The client estimates the project’s completed value at around $500M, pending independent valuation before token issuance.
* The company will receive a $7.5M platform technology fee in two milestone-based payments of $3.75M each. OFAL already received the first $3.75M payment, which can be paid in Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) or USD Coin (USDC [https://seekingalpha.com/symbol/USDC]).
* Source: Press Release [https://seekingalpha.com/pr/20515421-ofa-group-enters-7_5-million-tokenization-platform-services-agreement-for-vero-beach-florida]

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* Financial information for OFA Group [https://seekingalpha.com/symbol/OFAL/income-statement]