Hex Trust teams up with Clearpool to launch Ozean

Crypto custodian Hex Trust has partnered with decentralized finance protocol Clearpool to launch Ozean, a blockchain platform designed to focus on real-world asset (RWA) yield. The collaboration was announced on Oct. 8 via X and a blog post.

Ozean aims to capitalize on the growing RWA market by utilizing Hex Trust’s regulated infrastructure and institutional client base alongside Clearpool’s lending expertise. Clearpool has successfully originated over $620 million in loans, serving clients like Jane Street, Flow Traders, and Wintermute.

With more than 270 institutional clients and over $5 billion in assets under custody, Hex Trust is well-positioned to help Ozean expand its reach in the RWA ecosystem. Alessio Quaglini, CEO and co-founder of Hex Trust, emphasized the potential of this partnership to tap into a trillion-dollar market opportunity.

Additionally, Ozean will leverage the increasing adoption of Hex Trust’s USDX, a U.S. dollar-pegged stablecoin, which launched in May and has integrated with platforms like Velodrome for decentralized exchange services and LayerZero for cross-chain liquidity. Hex Trust’s operations span multiple regions, including Singapore, Hong Kong, Dubai, and France, enhancing its capability to support Ozean’s growth.