Clearpool & Its Newest Partners

By Altcoin Buzz
16 days ago
ONDO CHEX RENTA CPOOL TIA

We’ve been talking about Clearpool and its Ozean Layer 2 a lot lately. We are big believers in the RWA sector and the eventual tokenization of everything. And while the big names like Ondo and Mantra are all over the place, a great mid-cap like Clearpool presents great value here, too.

The project is making all the right moves including many great new partnerships. Let’s see what Clearpool has been up to.

IO.Finnet Partnership

Clearpool’s original platform before Ozean was one of the first to do decentralized credit. Or what DeFi would call under-collateralized lending. That’s lending with less than the full collateral to back your loan. And the belief in bringing this type of lending on-chain still runs through a lot of what Clearpool does.

The IO.Finnet partnership moves this idea forward by allowing users of io.finnet apps access to Clearpool’s decentralized credit markets. IO.Finnet is a custodian with over $2 billion in transaction volume.

Chintai Nexus Partnership

Next, we have Chintai Nexus. Chintai Nexus is a tokenization platform. It’s commonly known in crypto as CHEX due to the name of its token. $CHEX has been one of the best performers in RWA over the last 3-6 months. With this partnership, CHEX assets can be used as collateral for lending. A win/win for users of both platforms.

Tiamonds

Next, to show that Clearpool isn’t just about institutional grade securities, we have the Tiamonds partnership. Tiamonds is the world’s largest tokenized diamond marketplace. In this partnership, Ozean users can invest in diamonds as the unique asset class they are. This will likely open the door to other gems or collectibles hitting the Ozean marketplace, too.

Renta Network

Lastly, for today, we have the Renta Network partnership. Renta offers property management and real estate investment in rental units. That’s Renta’s biggest market but they are involved in tools, transportation, and other rentals. 

As homes in the US in particular, and other places with broken money become less and less affordable, more and more people even with high incomes are forced to rent. This brings another different asset class to Ozean and its users. Plus, there’s even more compatibility here as both Ozean and Renta are part of the Optimism Superchain.

Conclusion

These partnerships show exactly the type of RWA marketplace Ozean will be. Open to regulatory-compliant assets like securities or pools of loans but also open to other different asset classes like rentals and precious gems.

The Clearpool token $CPOOL has been a good performer up 126% in the last 12 months, per CoinGecko. As with most alts, it was hit hard with the big January liquidation event. At its current price of 25c, it’s back at the same price where it was 3 months ago. Yet, in those 3 months, Clearpool and Ozean have made lots of positive moves. They keep moving the ball forward and they present a better opportunity now than ever before.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This post is sponsored by Clearpool.

Copyright Altcoin Buzz Pte Ltd.

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