{"id":99040,"date":"2024-11-06T21:07:08","date_gmt":"2024-11-07T01:07:08","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=99040"},"modified":"2024-11-06T21:09:47","modified_gmt":"2024-11-07T01:09:47","slug":"ozean-helix-partner-to-tokenize-private-credit","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ozean-helix-partner-to-tokenize-private-credit\/","title":{"rendered":"Ozean, HELIX Partner to Tokenize Private Credit on Blockchain"},"content":{"rendered":"\n

HELIX, a tokenized fixed-income platform, has partnered with Ozean, Clearpool's blockchain, for real-world asset yield<\/a>.<\/p>\n\n\n\n

\"Ozean,
Ozean, HELIX Partner to Tokenize Private Credit on Blockchain<\/figcaption><\/figure>\n\n\n\n

Ozean is a permissionless Ethereum layer-2 platform<\/a> developed on optimism and driven by Clearpool's CPOOL. <\/p>\n\n\n\n

Its goal is to hasten the future development of on-chain private credit. An announcement states that Ozean plans to accomplish this by collaborating with HELIX. <\/p>\n\n\n\n

This platform offers institutional-grade RWA options through tokenizing fixed income and private credit\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. Together, Clearpool and HELIX are said to have managed close to $1 billion in tokenized private credit. <\/p>\n\n\n\n

Since its founding in March 2022, Clearpool has created over $640 million in loans for customers like Jane Street, Wintermute, and CoinShares. <\/p>\n\n\n\n

In Southeast Asia, HELIX has enabled off-chain disbursements totaling more than $375 million. The partnership is anticipated to add the next $100 million in private credit to the chain. <\/p>\n\n\n\n

Ozean and HELIX will use Hex Trust to open up traditional finance markets<\/a>, a technology that helps family offices and investment institutions move money to the blockchain.\u00a0Jitendra Singh Jaitawat, chief executive officer of HELIX:<\/p>\n\n\n\n

\n

By integrating with Ozean's RWA-focused blockchain, HELIX is able to extend its rigorously managed credit offerings to a broader DeFi ecosystem, bringing sustainable yield opportunities to investors and bridging traditional finance with decentralized markets in transformative new ways.”<\/p>\n<\/blockquote>\n\n\n\n

The private loan market is expected to have grown to $2.8 trillion by 2028, making this partnership a significant prospect for both enterprises.<\/p>\n","protected":false},"excerpt":{"rendered":"

HELIX, a tokenized fixed-income platform, has partnered with Ozean, Clearpool’s blockchain, for real-world asset yield. Ozean is a permissionless Ethereum layer-2 platform developed on optimism and driven by Clearpool’s CPOOL. Its goal is to hasten the future development of on-chain private credit. An announcement states that Ozean plans to accomplish this by collaborating with HELIX. […]<\/p>\n","protected":false},"author":43,"featured_media":99041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130],"tags":[202,3870,22692],"class_list":["post-99040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","tag-blockchain","tag-helix","tag-private-credit"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/croc_1730939617500.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=99040"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/99041"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=99040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=99040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=99040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}