KEY TAKEAWAYS
- Ozean partners with Polytrade to enhance the Real-World Asset (RWA) ecosystem, launching Polytrade on Ozean’s mainnet.
- Polytrade, a major RWA aggregator, will introduce utility tokens and gamification to its platform, aligning with its vision of interconnected RWAs.
- The partnership aims to integrate RWAs into decentralized finance (DeFi), making them tradable and usable as collateral.
- Ozean, built on Ethereum Layer 2, includes a compliance layer to improve interoperability across permissioned protocols.
Ozean, a blockchain platform focused on Real-World Asset (RWA) yield, has announced a strategic partnership with Polytrade, a prominent cross-asset RWA marketplace. This collaboration will see Polytrade launch on Ozean’s mainnet, further expanding the reach and functionality of both platforms.
Polytrade is recognized as one of the largest asset-agnostic RWA aggregators, covering over 7,000 individual RWA assets from more than 70 issuers across nine asset categories. The marketplace serves as a central hub for users to discover, trade, and leverage various RWAs and tokens according to their preferences. It offers assets in three modes: discovery, primary, and secondary, based on user interaction capabilities.
Expanding the RWA Ecosystem
Polytrade currently hosts 95% of all public chain RWAs and is in the process of introducing utility tokens, gamification, and RWA-based predictions to its decentralized application (dApp). Piyush Gupta, CEO of Polytrade, expressed enthusiasm for the partnership, noting that it aligns with Polytrade’s vision of making RWAs more accessible and interconnected across chains.
Jakob Kronbichler, CEO and Co-founder of Clearpool, emphasized the significance of this partnership for Ozean, highlighting Polytrade’s role in enhancing Ozean’s ecosystem. The collaboration aims to integrate RWAs into decentralized finance (DeFi) with added functionality, making them tradable and usable as collateral.
Innovative Features and Future Plans
Ozean, powered by the CPOOL token, is built as an Ethereum Layer 2 and part of the Optimism Superchain. It includes an optional compliance layer to enhance interoperability across permissioned protocols. This setup is designed to facilitate the seamless integration of RWAs into DeFi.
Polytrade will also become a key partner for WaveMaker, Ozean’s accelerator and end-to-end solution for tokenizing RWAs. WaveMaker aims to streamline the process for issuers by providing expert support and guidance, launching them on the Ozean blockchain, and increasing their market visibility.
The partnership between Ozean and Polytrade marks a significant step in strengthening both projects’ RWA ecosystems. Together, they aim to drive innovation and build a thriving future for RWAs as the sector continues to grow. More details about the partnership can be found here.
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