Ethereum

Jane

DeFi

Optimism

Clearpool

Ozean, the blockchain for real-world asset yield launched by decentralized finance credit pool platform Clearpool, has announced a strategic partnership with tokenized fixed-income platform HELIX. 
Built on Optimism (<a rel="" href="https://crypto.news/price/optimism/">OP</a>) and powered by Clearpool’s CPOOL, Ozean is a permissionless Ethereum layer-2 platform aiming to accelerate the future of on-chain private credit. 
According to an <a href="https://clearpool.medium.com/ozean-partners-with-helix-to-bring-100m-of-private-credit-on-chain-b647cc3e2467/" target="_blank" rel="nofollow">announcement</a>, Ozean intends to achieve this through its partnership with HELIX, a platform providing institutional-grade RWA opportunities via tokenization of private credit and fixed income. 
 Read more: <a rel="" href="https://crypto.news/hex-trust-teams-up-with-clearpool-to-launch-ozean/"> Hex Trust teams up with Clearpool to launch Ozean </a> 
Clearpool and HELIX have reportedly managed nearly $1 billion in combined tokenized private credit. Clearpool, whose clients include Jane Street, Wintermute, and CoinShares, has originated over $640 million in loans since its launch in March 2022. 
HELIX, for its part, has facilitated off-chain disbursements exceeding $375 million across Southeast Asia. The collaboration is expected to bring the next $100 million of private credit on-chain. 
Ozean and HELIX will leverage Hex Trust, a platform enabling investment funds and family offices to transition capital to the blockchain, to unlock traditional finance markets. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “By integrating with Ozean’s RWA-focused blockchain, HELIX is able to extend its rigorously managed credit offerings to a broader DeFi ecosystem, bringing sustainable yield opportunities to investors and bridging traditional finance with decentralized markets in transformative new ways.” 
 Jitendra Singh Jaitawat, chief executive officer of HELIX 
</blockquote> 
The private credit market is growing rapidly and is projected to reach $2.8 trillion by 2028, positioning this collaboration as a substantial opportunity for both projects. 
 You might also like: <a rel="" href="https://crypto.news/bnb-chain-unveils-tokenization-solution-to-power-web3-for-businesses/"> BNB Chain unveils tokenization solution to power web3 for businesses </a>

Clearpool’s Ozean announces strategic partnership with HELIX

crypto.news

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