Hex Trust teams up with Clearpool to launch Ozean

Crypto custodian Hex Belief has teamed up with decentralized finance protocol Clearpool to launch Ozean, a blockchain platform targeted on real-world asset yield.
Hong Kong-based Hex Belief and DeFi credit score protocol Clearpool announced the collaboration through X. In addition they shared the information in a blog post printed on Oct. 8.
In response to the 2 platforms, the RWA yield platform Ozean is backed by Optimism (OP) and powered by the CPOOL token.
Ozean set for traction in RWA house
Ozean will leverage Hex Belief’s regulated infrastructure and institutional shoppers, alongside Clearpool’s experience in lending, to drive adoption within the RWA house. Clearpool has originated greater than $620 million in loans, with shoppers together with Jane Avenue, Movement Merchants, and Wintermute.
With over 270 institutional shoppers and greater than $5 billion in belongings beneath custody, Hex Belief is about to play a key position in Ozean’s growth. A few of Hex Belief’s shoppers, together with banks, exchanges, funds, and decentralized purposes, might faucet into the RWA ecosystem.
“Hex Belief will deliver its huge and rising consumer base, together with our cutting-edge expertise infrastructure, to take Ozean to the subsequent degree to unlock this trillion-dollar market alternative,” stated Hex Belief’s chief govt workplace and co-founder, Alessio Quaglini.
Ozean can even profit from the rising adoption of Hex Belief’s U.S. dollar-pegged stablecoin, USDX, which launched in Might. USDX not too long ago partnered with Velodrome as its main decentralized change and built-in with LayerZero for cross-chain liquidity.
Presently, the agency’s companies and merchandise span a number of nations, together with Singapore, Hong Kong, Dubai, and France.