Crypto custodian Hex Belief has teamed up with decentralized finance protocol Clearpool to launch Ozean, a blockchain platform centered on actual asset returns.
Hong Kong-based Hex Belief and DeFi lending protocol Clearpool introduced the partnership through X. In addition they shared the information in a weblog publish printed on October 8.
In accordance with the 2 platforms, the RWA yield platform Ozean is backed by Optimism (OP) and powered by the CPOOL token.
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Ozean set for traction in RWA space
Ozean will leverage Hex Belief’s regulated infrastructure and institutional purchasers, alongside Clearpool’s lending experience, to drive adoption within the RWA house. Clearpool has offered greater than $620 million in loans, with purchasers together with Jane Road, Circulate Merchants and Wintermute.
With greater than 270 institutional purchasers and greater than $5 billion in belongings underneath custody, Hex Belief will play a key position in Ozean’s growth. A few of Hex Belief’s prospects, together with banks, exchanges, funds and decentralized functions, might leverage the RWA ecosystem.
“Hex Belief will leverage its huge and rising buyer base, together with our superior know-how infrastructure, to take Ozean to the subsequent stage and unlock this trillion-dollar market alternative,” mentioned Alessio, CEO and co-founder of Hex Belief. Quaglini.
Ozean may also profit from the rising adoption of Hex Belief’s US dollar-pegged stablecoin, USDX, which launched in Could. USDX lately partnered with Velodrome because the premier decentralized alternate and built-in with LayerZero for cross-chain liquidity.
Presently, the corporate’s companies and merchandise span a number of international locations, together with Singapore, Hong Kong, Dubai and France.
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