Alameda Research launches Borrower Pool on Clearpool
The Alameda pool has been launched within Clearpool’s permissioned ecosystem, which already includes such institutions as Jane Street and BlockTower, who are now also joined by Apollo Capital and Compound Capital, the first lenders to the Alameda pool.
Clearpool permissioned pools have been develop to meet the growing institutional demand for KYC-compliant access to blockchain-enabled decentralized lending and borrowing infrastructure. Clearpool is currently in the process of enhancing this infrastructure, with a new, more sophisticated product set to launch later this year.
Clearpool the first decentralized marketplace for unsecured digital asset liquidity. Where institutional borrowers can create single-borrower liquidity pools & compete for uncollateralized liquidity directly from a decentralized network of lenders. Liquidity providers on Clearpool earn attractive yields, with pool interest rates enhanced by additional rewards paid in CPOOL — the protocol’s utility and governance token. The Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit and on-chain risk management.
The Clearpool building the architecture to facilitate flows between traditional capital markets and the burgeoning DeFi ecosystem. Clearpool is back by leading investors from both traditional venture capital and blockchain. Including Sequoia Capital India, Arrington Capital, Sino Global Capital, Hex Trust, Huobi Ventures, GBV Capital, HashKey, & Wintermute.