$CPOOL is currently the only token that excites me on the RWA category.
The 2021 crypto bull run was fueled by a credit expansion facilitated by players like Genesis or BlockFi, which went bankrupt. 2024 is a different story and private credit is negligible compared to 2021 levels.
This is for two reasons: (1) high interest rates allowed money to basically earn risk-free yield, and (2) there's a huge reluctancy to unsecured lending due to FTX, Alameda, 3AC, Celsius, etc.
However, things might start to change. The FED has started their easing cycle and there is over $6.3 trillion sitting in Money Markets Funds that will partially find its way back into the market to seek higher yields.
With lower rates there will be another credit expansion and a lot of money will flow into crypto. And I believe players like @ClearpoolFin are positioning to fill the gap left by centralized non-transparent lenders like BlockFi or Genesis.
After having originated over $600M in loans, this partnership with @Hex_Trust further reinforces my thesis. With offices in Hong Kong, Singapore, and the UAE, Hex Trust raised $88M in their Series B and manages over $5B in Assets Under Custody. We are talking big money here and serious TradFi connections - and it's not just a meaningless partnership.
His CEO and co-founder Alessio Quaglini @onchainpanini is also the co-founder of Clearpool. Apart from issuing their new stablecoin $USDX natively on Ozean chain, now Hex fully backs it in a Joint Venture.
This means that the money of Hex's clients (banks, funds, institutions) will flow around the RWA-compliant Ozean blockchain directly benefiting $CPOOL.
https://t.co/wEqCvPK9jn
For comparison, Mantra $OM is valued at $1.2B market cap at price discovery with no mainnet.
On the other side, $CPOOL is 12x away from it, with barely no inflation and unique features like:
- RWA liquidity layer
- natively issued and yield-bearing stablecoin USDX / ozUSD
- own custodian wallet (built alongside Hex team)
- proven track record and clientele
- and access to Hex's TradFi clients and technology.
Imo it's great to see valuable things happening in the space trying to bring funds from TradFi to crypto instead of just taking money out of the market. And ofc, I do have a bag.



From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.