Ozean Partners with Paimon Finance to Launch Paimon High Yield Token (HYD) for Institutional-Grade Private Credit Access

Ozean, the blockchain for Real World Asset (RWA) yield being launched by Clearpool, has announced a strategic partnership with Paimon Finance to launch the Paimon High Yield Token (HYD), enabling on-chain access to institutional-grade private credit strategies, including Blackstone Private Credit Fund (BCRED). This collaboration marks a significant step in bringing institutional-grade investment opportunities to the Decentralized Finance (DeFi) ecosystem, providing users with access to a premier private credit fund.

Unlocking Institutional-Grade Private Credit: Paimon High Yield Token (HYD) Brings Blackstone Private Credit Fund (BCRED) On-Chain

Paimon Finance aims to empower DeFi by providing access to high-quality RWAs and enhance TradFi with improved efficiency and liquidity. A key offering is the Paimon High Yield Token (HYD), which provides on-chain exposure to Blackstone Private Credit Fund (BCRED), a best-in-class, multi-billion-dollar private credit fund. Blackstone, the world’s largest alternative asset manager with over $1.1 trillion in assets under management, consistently delivers strong performance through BCRED, its flagship private credit fund. By bringing BCRED exposure to Ozean, Paimon Finance provides DeFi investors with access to private credit, an asset class known for potentially higher returns compared to traditional public equities and treasury yields.

“Our mission is to democratize access to institutional-grade alternative assets through tokenization. The launch of HYD on Ozean allows DeFi users to tap into private credit strategies like BCRED.” said of Paimon Finance. “”Beyond private credit, Paimon is pioneering real asset and secondary share tokenization, including an Airbus A320 and pre-IPO shares in SpaceX and Stripe, with additional hedge fund and private equity strategies to be launched in 2025.”

Ozean: Building the Infrastructure for Seamless and Compliant RWA Integration in DeFi

Ozean is designed to seamlessly integrate RWAs into DeFi in a compliant and user-friendly manner. Built on the OP Stack as part of Optimism’s Superchain, Ozean aims to address the limited capture of base RWA yield by end-users and the fragmented nature of RWA protocols by providing essential infrastructure for blockchain financial markets. Clearpool, which launched Ozean, has originated over US$750 million in loans since its inception in March 2022, with a growing user base spanning both crypto and TradFi institutions. WaveMaker, Ozean’s accelerator program, offers an end-to-end solution for tokenizing RWAs by streamlining the process with expert support and guidance, fostering an ecosystem of issuers, investors, and service providers to promote liquidity, accessibility, and capital efficiency.

“The partnership with Paimon Finance to bring the highly regarded Blackstone BCRED onto Ozean significantly enhances the yield-generating opportunities available to our users and accelerates the integration of premier institutional assets into our growing ecosystem,” said Jakob Kronbichler, CEO & Co-founder of Ozean.

Integrating Institutional-Grade Private Credit Assets on Ozean

This partnership will see Paimon High Yield Token (HYD) integrated into Ozean, providing users with access to institutional-grade private credit yields like Blackstone Private Credit Fund (BCRED) within a decentralized environment. This integration will enhance the diversity of assets available on Ozean, offering DeFi users new avenues for yield generation and portfolio diversification.