Ozean, the real-world asset yield blockchain launched by decentralized finance credit pool platform Clearpool, has announced a strategic partnership with tokenized fixed income platform HELIX.
Built on Optimism (OP) and powered by Clearpool’s CPOOL, Ozean is a permissionless Ethereum layer-2 platform that aims to accelerate the future of on-chain private credit.
According to an announcement, Ozean plans to achieve this through its partnership with HELIX, a platform that provides institutional-grade RWA capabilities through tokenization of private credit and fixed income.
Read more: Hex Trust partners with Clearpool to launch Ozean
Clearpool and HELIX reportedly manage nearly $1 billion in combined tokenized private credit. Clearpool, whose clients include Jane Street, Wintermute and CoinShares, has provided more than $640 million in loans since launching in March 2022.
HELIX, in turn, has facilitated off-chain payouts in Southeast Asia of more than $375 million. The partnership is expected to bring the next $100 million in private credit to the chain.
Ozean and HELIX will use Hex Trust, a platform that enables investment funds and family offices to transfer capital to the blockchain, to unlock traditional financial markets.
“By integrating with Ozean’s RWA-focused blockchain, HELIX can extend its rigorously managed lending offering to a broader DeFi ecosystem, delivering sustainable return opportunities for investors and bridging traditional finance with decentralized markets in transformative new ways.”
Jitendra Singh Jaitawat, CEO of HELIX
The private credit market is growing rapidly and is expected to reach $2.8 trillion by 2028, positioning this partnership as a substantial opportunity for both projects.
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