Hex Trust Provides Staking Support for Clearpool (CPOOL)

Hex Trust Provides Staking Support for Clearpool (CPOOL)

October 12, 2022

HT Markets has expanded staking support for Clearpool, the first ever decentralized dynamic marketplace for institutional unsecured capital. The move enables financial institutions and organizations holding the protocol’s native token - CPOOL - to delegate their voting power to HT Markets and claim rewards by staking from their Hex Safe account.

Clearpool is the first ever decentralized and dynamic marketplace for institutional unsecured capital, combining capital markets with blockchain technology. Through the platform, institutional borrowers are provided access to unsecured liquidity without the risk of liquidation, while liquidity providers (lenders) are attractively rewarded for taking on risk.

The protocol operates on dynamic single borrower pools which adjusts interest rates based on the utilization ratio of each pool. It also offers a credit reputation framework, and sophisticated tokenized credit and risk management solutions for lenders to monitor, manage or hedge risks. Clearpool’s innovative solutions including borrower liquidity pools and tokenized credit have attracted several prominent investors including Sequoia Capital, Sino Global Capital, Arrington Capital, HashKey Capital and more. Hex Trust is also a long-standing partner of Clearpool, and has recently been announced as a Genesis Oracle for the protocol.

About Hex Trust

Hex Trust is the leading fully licensed and insured provider of bank-grade custody and associated services for digital assets in Asia. Led by veteran banking technologists and award-winning financial services experts, Hex Trust has built Hex Safe, a proprietary bank-grade platform that delivers custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, corporations and private clients. Hex Trust has offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam. 

For more information: visit hextrust.com or follow Hex Trust on LinkedIn and Twitter.

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