Ozean is a decentralized credit marketplace that facilitates uncollateralized borrowing and lending for institutions, utilizing dynamic risk-adjusted interest rates and KYC-compliant access to a global network of vetted borrowers. The platform addresses the inefficiencies in traditional capital markets by enabling institutions to lend and borrow digital assets without the need for collateral, while offering transparent and secure transactions.
Funding
$3.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AFFounders
Product
Problem
Traditional lending and borrowing in capital markets often involve inefficiencies, such as the need for collateral and limited access to a global network of vetted participants. This can restrict the flow of capital and create barriers for institutions seeking to lend or borrow digital assets.
Solution
Ozean is a decentralized credit marketplace that facilitates uncollateralized lending and borrowing for institutions, leveraging dynamic risk-adjusted interest rates and KYC-compliant access. The platform enables institutions to lend and borrow digital assets without collateral, fostering transparent and secure transactions. Ozean's "Port" feature offers access to curated portfolios of real-world assets (RWAs) like T-bills, private credit, and tokenized real estate through a single vault. Stablecoins bridged to Ozean are converted to USDX, which can then be converted into ozUSD, a rebasing stablecoin that provides holders with a risk-free rate. Ozean also provides an end-to-end solution for tokenizing RWAs through WaveMaker, its RWA accelerator program.
Target Audience
Ozean primarily targets institutions looking to lend and borrow digital assets in a decentralized, uncollateralized manner, as well as those interested in accessing and tokenizing real-world assets.
Features
- Uncollateralized lending and borrowing of digital assets for institutions
- Dynamic risk-adjusted interest rates based on market conditions
- KYC/AML compliant access to a global network of vetted borrowers and lenders
- "Port" feature providing access to curated RWA portfolios in a single vault
- USDX stablecoin conversion for bridged stablecoins
- ozUSD rebasing stablecoin that returns a risk-free rate to holders
- WaveMaker RWA accelerator program for end-to-end RWA tokenization
- Native custodian wallet with a Web2 interface for account abstraction