Clearpool’s Ozean announces strategic partnership with HELIX

Ozean, the real-world asset return blockchain launched by decentralized finance credit pooling platform Clearpool, announced a strategic partnership with tokenized fixed income platform HELIX.

Built on Optimism (OP) and powered by Clearpool’s CPOOL, Ozean is a permissionless Ethereum layer-2 platform that aims to accelerate the future of on-chain private lending.

According to the announcement, Ozean plans to achieve this through its partnership with HELIX, a platform that provides institutional-level RWA opportunities through the tokenization of private credit and fixed income.

Clearpool and HELIX reportedly manage approximately $1 billion in total tokenized private lending. Clearpool, whose clients include Jane Street, Wintermute and CoinShares, has originated over $640 million in loans since its launch in March 2022.

HELIX, on the other hand, has enabled off-chain payments exceeding $375 million in Southeast Asia. The collaboration is expected to bring the next $100 million in private loans to the chain.

Ozean and HELIX will leverage Hex Trust, a platform that allows investment funds and family offices to move capital to blockchain to unlock traditional financial markets.

“By integrating with Ozean’s RWA-driven blockchain, HELIX can expand its rigorously managed credit offerings to a broader DeFi ecosystem, provide investors with sustainable return opportunities, and bridge traditional finance and decentralized markets in transformative new ways.”

Jitendra Singh Jaitawat, CEO, HELIX

The private credit market is growing rapidly and is estimated to reach $2.8 trillion by 2028, positioning this collaboration as a significant opportunity for both projects.