Dubai, November 23, 2024 / AlexaBlockchain/ – Ozean, the Real-World Asset (RWA) yield blockchain being launched by Clearpool, announces a strategic partnership with Nexade, a RWA protocol that connects blockchain with trade finance. Through this collaboration, Nexade will integrate with Ozean, to bring up to $100 million of invoice financing opportunities within the Ozean ecosystem.
Nexade is a subsidiary of Incomlend, a global invoice financing marketplace providing SMEs with access to flexible working capital solutions supported by leading institutional investors. As a Peak XV Partners (ex Sequoia) backed fintech company based in Singapore, Incomlend has facilitated well over $1 billion in financing across 50 countries and 20+ industries, enabling investors to access an alternative asset class that delivers compelling risk-adjusted returns. This integration will allow SMEs to bridge cash flow gaps caused by delayed payments, leveraging RWAs and the power of DeFi to bring efficient, transparent financing on-chain.
“We’re thrilled to join forces with Ozean to unlock new financing opportunities for our growing network of SMEs. Integrating with Ozean allows us to harness blockchain’s efficiency and tap into DeFi liquidity, driving innovation in the invoice financing sector, ” said Jean-Charles Devin, Co-Founder & Director of Nexade.
On-Ramping TradFi Capital
Hex Trust, in partnership with Clearpool to launch Ozean, is streamlining the transition of TradFi capital on-chain, simplifying Web3 access points for traditional investors. With over $5 billion in assets under custody attained and 270+ institutional clients, Hex Trust empowers family offices and investment funds to engage seamlessly in DeFi, tapping into Ozean’s ecosystem for opportunities such as invoice financing on Nexade.
Automatically Earn On-chain Yield
Ozean is revolutionizing DeFi by seamlessly integrating RWAs in a compliant and user-friendly way, enabling users to automatically earn native on-chain yields. Built as a permissionless Ethereum Layer 2 as part of the Optimism Superchain, Ozean includes an optional compliance layer, fostering interoperability among permissioned protocols. The ecosystem will allow RWAs to be traded, used as collateral, and integrated into DeFi with enhanced functionalities.
“As we expand Ozean’s capabilities, partnering with Nexade represents a powerful step toward realizing the potential of RWA yield in DeFi,” said Jakob Kronbichler, CEO & Co-founder of Clearpool. “By bringing traditional assets on-chain, we’re able to offer investors access to high-quality opportunities like SME invoice financing, bridging DeFi and the real economy.”
Clearpool has originated over $640 million of loans to leading institutions, including the Wall Street giant, Jane Street, Together with Nexade and Hex Trust’s expertise, the partnership facilitates the advancement of DeFi, where TradFi assets meet blockchain’s speed and transparency, ultimately bringing SMEs and investors closer to a seamlessly integrated financial ecosystem.
About Clearpool
Ozean is the blockchain for RWA yield being launched by Clearpool. Ozean revolutionizes DeFi by seamlessly integrating RWAs in a compliant and user-friendly manner, enabling users to earn native yield on-chain automatically. Launched in March 2022, Clearpool has originated over US$640 million in loans with a growing user base spanning both crypto and TradFi institutions such as Wintermute, Jane Street, Fasanara Digital, CoinShares, and others.
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About Nexade
NEXADE is an RWA protocol which avails stablecoin yields through institutional-grade portfolios of real-world trade finance assets. The on-chain platform provides insured and risk-adjusted yield solutions attractive to institutional investors, stablecoin issuers, protocol treasuries, and mass retail investors seeking real yield.
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Source: Ozean
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