- Ozean and HELIX want to tokenize $1B in private credit assets.
- The partnership will offer sustained yield potential to DeFi.
Ozean, a blockchain built for real-world asset (RWA) yield, has formed a strategic relationship with HELIX, a platform that specializes in tokenizing fixed income and private credit instruments. Ozean, built on the Ethereum layer-2 Optimism network and powered by Clearpool’s CPOOL, will offer on-chain private credit to decentralized finance (DeFi). This collaboration enhances its capabilities in the DeFi space.
The partnership between Ozean and HELIX is expected to open up new prospects in the fast expanding private lending industry, which is expected to reach $2.8 trillion by 2028. The two platforms intend to expand the DeFi ecosystem by combining tokenization and blockchain technology to provide institutional-grade RWA investment options.
Bridging Traditional Finance and Decentralized Markets
Ozean and HELIX are not new to success. They have already managed approximately $1 billion in tokenized private credit, with Clearpool creating credit totaling over $640 million since March 2022. HELIX has also made great progress, facilitating off-chain transfers totaling over $375 million across Southeast Asia.
In addition to its previous accomplishments, the collaboration hopes to bring the next $100 million in private loans on-chain. Hex Trust will power this collaboration, helping investment institutions and family offices migrate capital to the blockchain. The integration will allow HELIX to extend its rigorously managed credit offers to the DeFi ecosystem. This will provide investors with sustainable yield options.
Jakob Kronbichler, Clearpool’s co-founder and CEO, highlighted that Ozean is a game changer for institutional DeFi adoption. Ozean positions itself as the ideal blockchain for accessing liquidity from RWAs. It achieves this by integrating Hex Trust’s verified infrastructure with Clearpool’s efficient lending mechanisms.
Ozean’s blockchain, which is built as a permissionless Ethereum Layer 2, will provide a secure and compliant environment for RWAs. This integration leverages smart contracts and institutional-grade architecture. It enables the tokenization and trading of private credit funds and collateralized loans within the DeFi ecosystem.
Ozean and HELIX are integrating traditional banking with DeFi to lay the foundation for new investment opportunities. This collaboration will transform the private credit space. As the private credit market continues to expand, both platforms stand to benefit from the growing demand. Their partnership fosters the development of decentralized, tokenized financial solutions.
