Hex Trust, a digital asset service provider, is teaming up with Clearpool, a DeFi credit protocol, to introduce a new blockchain called ‘Ozean’. The main focus will be on generating yield from Real-World Assets (RWA).
Hex Trust and Clearpool are joining forces to combine Hex Trust’s technology, services, and institutional client base with Clearpool’s expertise in RWA lending. The goal is to position Ozean as a leading platform in the digital asset sector, offering a secure, compliant, and scalable solution.
Jakob Kronbichler, CEO of Clearpool, describes Ozean as a game-changer for Real-World Assets (RWA), designed for institutional adoption. By combining Hex Trust’s licensed infrastructure with Clearpool’s DeFi lending success, they aim to create a powerful blockchain that will unlock RWA liquidity and drive digital asset innovation.
Founded in 2018, Hex Trust delivers institutional-grade financial services to over 270 clients, including banks and exchanges. Their stablecoin, USDX, will play a key role on the Ozean blockchain as both a native stablecoin and the gas token for transactions.
“We’re pleased to partner with Clearpool in this venture. Hex Trust will bring its vast and growing client base, along with our cutting-edge technology infrastructure, to take Ozean to the next level to unlock this trillion-dollar market opportunity,” added Alessio Quaglini, co-founder and CEO of Hex Trust. “The increasing interest in USDX will serve as another key catalyst, which we’ll leverage to further drive Ozean’s ecosystem growth and accelerate adoption.”
Ozean is gaining traction through a partnership with Velodrome as its anchor DEX and integration with LayerZero for cross-chain liquidity. It has also launched Oxygen, a liquidity mechanism designed to support the ecosystem’s growth by ensuring adequate liquidity for Real-World Assets (RWAs).
- Somnia Blockchain by Improbable: Reaching 400,000 TPS in DevNet Launch - October 25, 2024
- BOC’s Blockchain Platform Transforms Marine Conservation Funding - October 19, 2024
- Justin Sun Elected Prime Minister of Liberland Micronation 2024 - October 11, 2024