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Ozean and HELIX Partner to Tokenize Private Credit on Blockchain

source-logo  blockchainreporter.net 06 November 2024 13:31, UTC

Ozean, a blockchain for the yields of Real-World Asset for Clearpool, has partnered with HELIX, an institutional-level RWA DeFi protocol. The partnership represents an important evolution of decentralized finance (DeFi) since Ozean connects private credit and fixed-income assets to the blockchain. HELIX will use a Big Data Credit Analytics platform to distribute private credit funds, money market products, and syndicated loan facilities to onboard users for off-chain investment products.

HELIX Brings Institutional-Grade Private Credit to Blockchain

HELIX delivers comprehensive on-chain fixed-income solutions, including private credit funds, money market funds, and syndicated loan options. It applies rigorous risk management to ensure stability by leveraging a proprietary Big Data Credit Analytics platform. Over the past six years, HELIX has managed over $375 million in off-chain credit across Southeast Asia without defaults.

The partnership merges HELIX’s private credit experience with Clearpool’s successful lending via Ozean. Since launching in 2022, Clearpool has originated over $640 million in tokenized private credit, with clients including leading financial entities like Jane Street, Flow Traders, and Wintermute. Ozean and HELIX are primed to expand blockchain-based private credit opportunities, with nearly $1 billion combined private credit expertise.

Bridging TradFi Capital with DeFi Through Ozean-HELIX

The Ozean-HELIX collaboration also brings Hex Trust to simplify TradFi capital’s move onto the blockchain. Hex Trust enables efficient, compliant on-chain liquidity with Active engagement of institutional investors in DeFi. This integration connects centralized finance and decentralized markets by opening access to capital to fund private credit investment within the Ozean ecosystem.

The protocol links on-chain investors with private credit funds and collateralized tokenized RWAs. This structure provides the best possible customizable structuring and management abilities at the institutional level and promises to yield terrain for entities in DeFi. Using smart contracts in the Ozean-HELIX partnership enhances the efficiency of private credit investments by improving transparency.

Ozean was built with a focus on RWA yield generation in DeFi. Designed for seamless integration, Ozean supports permissioned protocols to ensure interoperability. With HELIX, Ozean’s ecosystem is set to bring more private credit on-chain, positioning itself as a pioneering DeFi platform for RWA-backed yield.

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