In a significant development in the DeFi sector, Hex Trust has commenced a strategic collaboration with Clearpool. The partnership between Hex Trust and Clearpool intends to release Ozean, which is a blockchain that particularly focuses on Real-World Asset yield. The platform announced this endeavor in a press release on October 8.
Hex Trust and Clearpool Join Forces to Introduce Ozean to Innovate DeFi Sector
Hex Trust mentioned that the partnership aims at reshaping the DeFi sector by filling the gap between the RWAs and institutional investors. It offers a completely regulated, efficient, and secure platform to generate yield. Ozean also gets support from a top L2 scaling solution Optimism.
Hex Trust operates as a completely certified digital asset platform providing services such as trading, staking, and custody. As a part of this collaboration, the platform provides the institutional-level infrastructure thereof to the popular decentralized credit forum Clearpool. This, combined with the RWA lending skills of Clearpool strengthens the position of Ozean. Hence, Ozean will potentially become a preferred choice to get liquidity from Real-World Assets.
The $CPOOL token of Clearpool will reportedly power the newly introduced platform. This token works as a chief component in the borrowing and lending mechanisms in the DeFi world.
Jakob Kronbichler, the co-founder and CEO of Clearpool, also commented on this initiative. As per the executive, Ozean emerges as a game-changing platform facilitating the RWA space. It combines the primary ingredients that institutional adoption requires. The executive added that the completely certified infrastructure of Hex Trust and the efficient DeFi lending expertise of Clearpool join for innovation. These factors enable Ozean to turn into the most resilient blockchain, unlocking RWA liquidity.
The collaboration between the two entities takes place at a point when the DeFi space is seeing a great elevation in the institutional interest. Clearpool has recently made huge waves in the DeFi segment. It has originated loans of more than $620M to top-tier companies such as Jane Street, Wintermute, and Flow Traders.
The Initiative Targets Offering New Ways for Yield Generation and Liquidity Provision for RWAs
This initiative additionally denotes the increasing contribution of RWAs to the overall DeFi ecosystem. With the tokenization of real-world assets, such as debt instruments, commodities, and property, Ozean offers exclusive ways for yield and liquidity generation. This provides convenience to institutional investors so they can take part in DeFi while abiding by the regulatory frameworks.
