What is Clearpool Finance?
Clearpool Finance is a decentralized marketplace on the Ethereum and Polygon platforms. It provides a space where institutional borrowers can take out unsecured loans from a network of lenders worldwide.
Background
In the middle of 2022, Clearpool Finance established partnerships with Jane Street, a trading firm, and BlockTower Capital, a blockchain investment company, to launch a “permissioned liquidity pool.”
How it Works
Whitelisted institutional borrowers can create and launch individual single-borrower liquidity pools on Clearpool Finance. The marketplace operates on supply and demand dynamics, allowing institutions to raise short-term capital. Simultaneously, DeFi lenders can access risk-adjusted returns based on interest rates established by market consensus. Clearpool also offers a permissioned institutional-grade platform that meets the compliance needs for wholesale borrowing and lending of digital assets by institutional market participants.
Key Takeaways
- Clearpool Finance is a decentralized lending and borrowing marketplace operating on the Ethereum and Polygon platforms.
- It allows institutional borrowers to take out unsecured loans from a global network of lenders.
- The platform allows institutional borrowers to create and launch individual single-borrower liquidity pools.
- Clearpool Finance also offers an institutional-grade platform that meets compliance needs for the borrowing and lending of digital assets by institutional market participants.
- In 2022, Clearpool Finance partnered with Jane Street and BlockTower Capital to launch a “permissioned liquidity pool,” positioning itself as a leading platform in the Decentralized Finance ecosystem.
