Ozean, a blockchain for Real-World Assets (RWA) yield launched by Clearpool, is joining forces with First Digital, a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.
Following the partnership, the accelerator programme will provide projects on Ozean access to First Digital’s licensed digital asset custody and the First Digital USD (FDUSD) stablecoin ecosystem.
WaveMaker offers an end-to-end solution for tokenising RWAs by streamlining the process with expert support and guidance. It fosters an ecosystem of issuers, investors, and service providers to promote liquidity, accessibility, and capital efficiency.
First Digital Labs is building a portfolio of stablecoins which are designed to meet the needs of global businesses and institutions to facilitate efficient and compliant global expansion, cross-border payments and trade settlements.
Launched in June 2023, FDUSD is a 1:1 USD-backed stablecoin with a market cap exceeding $2billion, designed to provide a secure, transparent, and scalable global digital dollar solution. It is also fully backed by cash and cash equivalents, held in fully segregated holding structures, offering users a trusted tool for payments, trading, and DeFi applications.
“Our integration with Ozean’s WaveMaker programme allows First Digital to extend the reach of FDUSD and provide secure, efficient stablecoin solutions to projects tokenising RWAs,” explained said Devere Bryan, general manager of First Digital. “We are committed to fostering transparency, compliance, as well as security in the digital currency space.”
Built on the OP Stack as part of Optimism’s Superchain, Ozean aims to enhance DeFi by addressing issues such as the limited capture of base RWA yield by end-users and the fragmented nature of RWA protocols. Ozean provides the essential infrastructure for blockchain financial markets, enabling users to earn native yield on stablecoins.
Jakob Kronbichler, co-founder and CEO of Clearpool, also added: “By enabling access to First Digital’s custody and payment solutions, we are enhancing the capabilities of projects within the Ozean ecosystem and driving the adoption of RWAs in the broader DeFi landscape.”
