Wednesday, February 19, 2025

Ozean Partners with Nexade to Introduce $100 Million Invoice Financing on Blockchain

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KEY TAKEAWAYS

  • Ozean partners with Nexade to bring $100 million in invoice financing opportunities to the blockchain ecosystem.
  • Hex Trust collaborates with Clearpool to transition traditional finance capital on-chain, enhancing DeFi access for institutional clients.
  • Ozean, built on Ethereum Layer 2, integrates Real-World Assets (RWAs) into DeFi, offering compliant and user-friendly yield opportunities.
  • Clearpool’s partnership with Nexade and Hex Trust aims to merge TradFi assets with blockchain, advancing DeFi’s reach and transparency.

Ozean, a Real-World Asset (RWA) yield blockchain launched by Clearpool, has announced a strategic partnership with Nexade, a protocol that connects blockchain with trade finance. This collaboration aims to integrate Nexade with Ozean, bringing up to $100 million in invoice financing opportunities within the Ozean ecosystem. The announcement was made here.

Nexade, a subsidiary of Incomlend, provides small and medium-sized enterprises (SMEs) with access to flexible working capital solutions. Incomlend, a fintech company based in Singapore and backed by Peak XV Partners, has facilitated over $1 billion in financing across 50 countries and more than 20 industries. This integration will enable SMEs to bridge cash flow gaps caused by delayed payments, leveraging RWAs and decentralized finance (DeFi) to offer efficient, transparent financing on-chain.

On-Ramping TradFi Capital

Hex Trust, in partnership with Clearpool, is facilitating the transition of traditional finance (TradFi) capital on-chain through the launch of Ozean. With over $5 billion in assets under custody and more than 270 institutional clients, Hex Trust empowers family offices and investment funds to engage seamlessly in DeFi. This partnership allows traditional investors to access opportunities such as invoice financing on Nexade within the Ozean ecosystem.

Ozean, built as a permissionless Ethereum Layer 2 as part of the Optimism Superchain, includes an optional compliance layer to foster interoperability among permissioned protocols. The ecosystem enables RWAs to be traded, used as collateral, and integrated into DeFi with enhanced functionalities.

Revolutionizing DeFi with Real-World Assets

Ozean is set to revolutionize DeFi by integrating RWAs in a compliant and user-friendly manner, allowing users to automatically earn native on-chain yields. Jakob Kronbichler, CEO and Co-founder of Clearpool, stated that partnering with Nexade is a significant step toward realizing the potential of RWA yield in DeFi. By bringing traditional assets on-chain, Ozean offers investors access to high-quality opportunities like SME invoice financing, bridging the gap between DeFi and the real economy.

Clearpool has originated over $640 million in loans to leading institutions, including Wall Street giant Jane Street. Together with Nexade and Hex Trust’s expertise, the partnership aims to advance DeFi by merging TradFi assets with blockchain’s speed and transparency, ultimately bringing SMEs and investors closer to a seamlessly integrated financial ecosystem.


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Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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