Hex Trust and Clearpool have announced a significant collaboration to launch Ozean, a new blockchain platform that aims to innovate the Real-World Asset (RWA) yield space. This strategic partnership, unveiled on October 8, 2024, is set to leverage the strengths of both companies to create a regulated, efficient, and secure environment for institutional investors looking to engage with RWAs.
Overview of Ozean
Ozean is positioned as a yield generation platform specifically designed for RWAs, which include assets like commodities, real estate, and debt instruments. The platform will utilize Hex Trust’s robust regulatory framework and its extensive client base, which includes over 270 institutional clients and more than $5 billion in assets under custody. This infrastructure is expected to facilitate greater adoption of RWAs within the decentralized finance (DeFi) ecosystem .
Key Features
- Regulated Infrastructure: Hex Trust provides a fully licensed digital asset custody service that ensures compliance and security for institutional participants.
- Expertise in Lending: Clearpool brings its experience in decentralized credit markets, having originated over $620 million in loans to notable clients such as Jane Street and Wintermute .
- Support from Optimism: Ozean will be backed by the Optimism Layer 2 scaling solution, enhancing its performance and scalability .
Strategic Importance
The launch of Ozean comes at a time when institutional interest in DeFi is surging. The collaboration aims to fill the gap between RWAs and institutional investors by offering innovative ways to generate yield while adhering to regulatory frameworks. This initiative is expected to unlock significant liquidity opportunities for RWAs, potentially transforming how these assets are utilized within the DeFi sector.
Comments from Leadership
Alessio Quaglini, CEO and co-founder of Hex Trust, emphasized the potential of Ozean to tap into a trillion-dollar market opportunity by combining their technological infrastructure with Clearpool’s lending expertise. Similarly, Jakob Kronbichler, co-founder and CEO of Clearpool, noted that Ozean represents a game-changing platform that meets the necessary requirements for institutional adoption in the RWA space .
Conclusion
The partnership between Hex Trust and Clearpool to launch Ozean marks a pivotal moment in the evolution of DeFi, particularly concerning RWAs. By merging regulated custodial services with innovative lending solutions, Ozean is poised to become a leading platform for institutions seeking yield generation opportunities in a compliant manner. As both companies continue to expand their offerings, Ozean could play a crucial role in bridging traditional finance with the burgeoning world of decentralized finance.
