KEY TAKEAWAYS
- Ozean partners with Kylix Finance to enhance cross-chain lending using AI-driven credit scoring.
- Kylix Finance introduces zero-knowledge credit risk ratings to lower collateral requirements in DeFi.
- Ozean’s integration of RWAs and AI aims to improve capital efficiency and yield opportunities across networks.
- The partnership is set to revolutionize DeFi lending and credit assessment by 2025.
Ozean, a blockchain platform focused on Real-World Asset (RWA) yield, has announced a strategic partnership with Kylix Finance, a cross-chain lending platform. This collaboration aims to leverage Ozean’s infrastructure to enhance multi-chain lending capabilities and introduce new wallet score features powered by Artificial Intelligence (AI).
Kylix Finance plans to redefine the decentralized finance (DeFi) lending landscape by implementing zero-knowledge (zk) credit risk ratings at the wallet level. This innovative approach is expected to lower collateral requirements for users on Ozean products, particularly benefiting wallets with high credit scores. By utilizing AI and zero-knowledge proofs, Kylix aims to create a more inclusive and efficient lending ecosystem.
AI-Driven Credit Scoring and Cross-Chain Lending
The integration of Kylix Finance into the Ozean ecosystem addresses liquidity fragmentation and improves collateral management in DeFi. Key features of Kylix Finance on Ozean include an AI-driven credit scoring system, which is set to enhance capital efficiency and provide new yield opportunities for RWAs across multiple networks.
Gianluigi Davassi, CEO & Co-founder of Kylix Finance, stated, “By deploying on Ozean’s mainnet and implementing our AI-driven credit scoring system, we’re not just improving cross-chain lending, we’re paving the way for a more connected, inclusive, and democratic DeFi landscape.”
Ozean’s Role in the DeFi Landscape
As a permissionless Ethereum Layer 2 and part of the Optimism Superchain, Ozean is transforming the DeFi landscape by incorporating RWAs in a regulatory-compliant and accessible manner. The platform allows users to automatically generate native yield on-chain, while its optional compliance layer facilitates improved interoperability with permissioned protocols.
Jakob Kronbichler, CEO & Co-founder of Ozean, commented, “Kylix Finance’s innovative approach to cross-chain lending and AI-powered credit scoring aligns perfectly with our vision for a more interconnected and intelligent DeFi ecosystem. This partnership will enhance capital efficiency and provide new yield opportunities for RWAs across multiple networks, further solidifying Ozean’s position as a leader in the RWA space.”
The deployment of Kylix Finance is scheduled to go live in Q2 2025. The DeFi community is eagerly anticipating this launch, which promises to revolutionize cross-chain lending and credit assessment in the DeFi space.
The partnership between Ozean and Kylix Finance represents a new frontier in the DeFi and RWA sectors. By combining Ozean’s expertise in RWA integration with Kylix’s innovative AI-powered credit scoring and cross-chain lending capabilities, this collaboration is set to enhance how users interact with DeFi services.
For more information, the announcement can be found here.
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