As a seasoned crypto investor with a knack for spotting promising partnerships, I find the collaboration between Ozean and HELIX particularly intriguing. My years in the market have taught me that the intersection of traditional finance and decentralized systems often yields fruitful results.
The decentralized finance credit pool platform Clearpool’s blockchain platform for generating returns from real-world assets, called Ozean, has formed a strategic alliance with the tokenized fixed-income platform, HELIX. (Paraphrased)
On the foundation of optimism and fueled by Clearpool’s CPOOL, Ozean represents an open, Ethereum layer-2 platform that aspires to speed up the development of decentralized, on-chain private lending – a key aspect of the future finance landscape.
As per the announcement, Ozean aims to realize this goal by collaborating with HELIX, a platform that offers institutional-quality Risk-Weighted Assets (RWA) possibilities through tokenizing private credit and fixed income assets.
According to reports, Clearpool and HELIX have collectively handled almost a billion dollars in tokenized private credit. Since its debut in March 2022, Clearpool – which counts Jane Street, Wintermute, and CoinShares among its clients – has issued loans totaling more than $640 million.
As an analyst, I’m proud to share that through our efforts with HELIX, we’ve successfully facilitated off-chain disbursements totaling over $375 million across Southeast Asia. Moving forward, this partnership is projected to bring another $100 million of private credit onto the blockchain.
Ocean and HELIX plan to use Hex Trust, a tool that helps investment funds and wealthy families move their money into blockchain technology, as a means to open up traditional financial markets.
HELIX can expand its secure credit services to a wider Decentralized Finance (DeFi) network by linking with Ozean’s blockchain that emphasizes RWA. This connection opens up eco-friendly income prospects for investors and creates innovative links between traditional finance and the decentralized market.
Jitendra Singh Jaitawat, chief executive officer of HELIX
This partnership stands as a significant chance for both projects, given the swift expansion of the private lending market, which is expected to hit a staggering $2.8 trillion by the year 2028.
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2024-11-06 19:09