Hex Belief, a digital asset supplier of custody, staking, and buying and selling companies, is partnering with Clearpool, a DeFi credit score protocol, to launch a brand new blockchain for Actual-World Asset (RWA) yield, dubbed ‘Ozean’.
By the brand new partnership, the 2 entities will look to mix Hex Belief’s know-how and companies, institutional shopper base, and controlled infrastructure with Clearpool’s RWA lending experience. Collectively, Hex Belief and Clearpool will intention to position Ozean on the forefront of the digital asset sector, by offering the required safe, compliant, and scalable framework.
“Ozean is a game-changer for the RWA area, bringing collectively the important thing elements wanted for institutional adoption,” defined Jakob Kronbichler, co-founder and CEO of Clearpool. “With Hex Belief’s institutional-grade and absolutely licensed infrastructure and Clearpool’s success in DeFi lending, collectively we’re constructing probably the most highly effective blockchain to unlock RWA liquidity and usher within the subsequent wave of digital asset innovation.”
Based in 2018, Hex Belief gives institutional-grade monetary options to over 270 institutional shoppers, together with banks, funds, exchanges, monetary establishments, protocols, dApps, and foundations.
USDX, a stablecoin pegged to the US greenback and issued by Hex Belief, will serve a twin position on Ozean as each a local stablecoin and the native fuel token for the chain.
“We’re happy to companion with Clearpool on this enterprise. Hex Belief will convey its huge and rising shopper base, together with our cutting-edge know-how infrastructure, to take Ozean to the subsequent degree to unlock this trillion-dollar market alternative,” added Alessio Quaglini, co-founder and CEO of Hex Belief. “The rising curiosity in USDX will function one other key catalyst, which we’ll leverage to additional drive Ozean’s ecosystem development and speed up adoption.”
Ozean is already gaining momentum following a latest partnership with Velodrome as its anchor DEX and integration with LayerZero to remodel cross-chain liquidity for RWAs. Ozean additionally launched Oxygen, a sophisticated liquidity mechanism to offer the important liquidity wanted for the ecosystem’s development.
