Ozean, a Real-World Asset (RWA) blockchain protocol launched by Clearpool, has announced a strategic partnership with Nexade to launch on-chain SME invoice financing. Nexade is a RWA protocol, specializing in connecting blockchain with trade finance. By joining their forces, they aim to bring up to $100 million in invoice financing opportunities for small and medium enterprises (SMEs) through Ozean’s ecosystem.
Nexade Unlocks New Financing Opportunities for SMEs
Nexade, a subsidiary of Incomlend, has been a pioneer in the global invoice financing market. It has enabled SMEs to access flexible working capital solutions. Incomlend is supported by Peak XV Partners and facilitated over $1 billion in financing across 50 countries and 20 industries. The integration of Incomlend and Peak XV Partners, by leveraging RWAs and DeFi solutions, will help SMEs address cash flow challenges caused by delayed payments.
Jean-Charles Devin, the Director and Co-Founder of Nexade expressed his remarks about the collaboration, stating, “We’re thrilled to join forces with Ozean to unlock new financing opportunities for our growing network of SMEs. Integrating with Ozean allows us to harness blockchain’s efficiency and tap into DeFi liquidity, driving innovation in the invoice financing sector.”
Ozean Revolutionizes DeFi with Blockchain-Powered Invoice Solutions
Ozean, to simplify the transition of traditional finance (TradFi) capital on-chain, is also partnering with Hex Trust. Hex Trust empowers family offices and investment funds to tap into the opportunities provided by Ozean’s ecosystem. Over $5 billion in assets are under the custody of Hex Trust which holds a network of 270+ institutional clients.
Ozean brings RWAs into DeFi in a compliant, user-friendly way, built as a permissionless Ethereum Layer 2 as part of the Optimism Superchain. It enables on-chain yield generation, seamless interoperability, and enhanced functionalities like collateral usage. Jakob Kronbichler, CEO of Clearpool, highlighted the significance of the collaboration, mentioning, “By bringing traditional assets on-chain, we’re able to offer investors access to high-quality opportunities like SME invoice financing, bridging DeFi and the real economy.”
The partnership of both the ledgers, which is supported by Clearpool’s $640 million in loan originations, aims to enhance DeFi. By combining blockchain’s speed and transparency with traditional finance’s reliability, the partnership will create a smooth financial system for both small businesses and institutional investors.