Hex Trust, a digital asset provider of custody, staking, and trading services, is partnering with Clearpool, a DeFi credit protocol, to launch a new blockchain for Real-World Asset (RWA) yield, dubbed ‘Ozean’.
Through the new partnership, the two entities will look to combine Hex Trust’s technology and services, institutional client base, and regulated infrastructure with Clearpool’s RWA lending expertise. Together, Hex Trust and Clearpool will aim to place Ozean at the forefront of the digital asset sector, by providing the necessary secure, compliant, and scalable framework.
“Ozean is a game-changer for the RWA space, bringing together the key ingredients needed for institutional adoption,” explained Jakob Kronbichler, co-founder and CEO of Clearpool. “With Hex Trust’s institutional-grade and fully licensed infrastructure and Clearpool’s success in DeFi lending, together we’re building the most powerful blockchain to unlock RWA liquidity and usher in the next wave of digital asset innovation.”
Founded in 2018, Hex Trust provides institutional-grade financial solutions to over 270 institutional clients, including banks, funds, exchanges, financial institutions, protocols, dApps, and foundations.
USDX, a stablecoin pegged to the US dollar and issued by Hex Trust, will serve a dual role on Ozean as both a native stablecoin and the native gas token for the chain.
“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 already gaining momentum following a recent partnership with Velodrome as its anchor DEX and integration with LayerZero to transform cross-chain liquidity for RWAs. Ozean also introduced Oxygen, an advanced liquidity mechanism to provide the essential liquidity needed for the ecosystem’s growth.
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