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Clearpool has launched its institutional credit marketplace, Clearpool Prime, on Ethereum rollup Optimism.
Clearpool Prime aims to tap into the $1.4 trillion traditional private credit market, and bring it on-chain.
All participants who wish to use Clearpool Prime will be mandated to participate in KYC through Securitize ID and AML checks.
According to Jakob Kronbichler the CEO and co-founder of Clearpool, all transactions on Clearpool Prime are on-chain, but only whitelisted borrowers can have visibility into counterparty names and terms.
“This approach guarantees the transparency of the ecosystem while maintaining a high level of privacy for participants. Additionally,…
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