Ozean and Nexade Unite to Introduce Invoice Financing Solutions on the Blockchain

Blockchain Focused on Yield from Real-World Assets (RWA) Ozean , developed by Clearpool has forged a strategic partnership with Nexade an RWA protocol that connects blockchain technology with trade financing. This collaboration will see Nexade merge its functions with the Ozean platform, setting the goal of providing up to $100 million in invoice financing options.

"As we broaden Ozean's capabilities, aligning with Nexade marks a significant advancement in tapping into RWA yield within the DeFi space,\" remarked Jakob Kronbichler, CEO and Co-founder of Clearpool, in a statement to Mpost. \"By bringing assets from the traditional realm on-chain, we can offer investors premium opportunities like SME invoice financing, effectively connecting DeFi to the real economy,\" he noted.

Nexade, a branch of Incomlend, plays a vital role in a global marketplace for invoice financing, offering small and medium-sized businesses access to adaptable working capital solutions, supported by notable institutional investors. Backed by Peak XV Partners (previously known as Sequoia), Nexade has enabled over $1 billion in financing across more than 50 countries and a multitude of industries.

The merger with Nexade will empower SMEs to overcome cash flow issues often caused by late payments by utilizing RWAs along with the advantages of decentralized finance (DeFi). By shifting these financial mechanisms onto the blockchain, this strategy enhances efficiency, transparency, and accessibility.

Hex Trust , in collaboration with Clearpool, is crucial in bridging conventional finance (TradFi) and DeFi. With more than $5 billion in assets under management and a diverse client portfolio of over 270 institutional entities, it streamlines access to Web3 for traditional investors like family offices and investment funds. This partnership allows Hex Trust to facilitate engagement in Ozean’s ecosystem, creating avenues such as invoice financing through Nexade and assisting in transitioning TradFi funds onto the blockchain.

New Collaboration Allows Users to Earn On-Chain Yields Automatically

Ozean is pioneering advancements in DeFi by incorporating RWAs in a compliant and user-friendly manner, allowing users to automatically collect native on-chain yields. Built upon a permissionless Ethereum Layer 2 operating within the Optimism Superchain, it features an optional compliance layer to ensure interoperability with permissioned protocols. This infrastructure is tailored to boost the practicality of RWAs, enabling their trading, usage as collateral, and seamless integration into DeFi.

"As we extend Ozean’s functionality, our collaboration with Nexade signifies a major milestone in realizing the potential of RWA yield within DeFi,\" expressed Jakob Kronbichler, CEO and Co-founder of Clearpool, in an official statement. \"By transitioning traditional assets onto the blockchain, we can provide investors with outstanding opportunities like SME invoice financing, effectively linking DeFi with the real-world economy,\" he further mentioned.

Clearpool has facilitated more than $640 million in loans to top-tier institutions, including major entities like Jane Street on Wall Street. Partnering with Nexade and leveraging the expertise of Hex Trust, this collaboration propels DeFi forward, merging TradFi assets with the rapidity and transparency of blockchain, thereby creating a more interconnected financial landscape for SMEs and investors.