Clearpool, a decentralized capital markets ecosystem for institutional borrowers, has partnered with decentralized digital asset infrastructure and technology provider Qredo to enable institutions to securely access digital assets and DeFi.
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Qredo’s custody solution will be integrated into Clearpool’s protocol, empowering institutions to easily and safely deploy capital into DeFi on unrivaled infrastructure. Additionally, Qredo will bring a community of institutional borrowers and lenders to Clearpool’s ecosystem.
The partnership focuses on facilitating the growing institutional interest in Clearpool’s protocol, which links institutional borrowers directly with the DeFi ecosystem, allowing liquidity providers, both institutional and individual, to lend to the institutions of their choice.
Qredo is providing a solution to Clearpool that allows institutions to access DeFi protocols via a Metamask interface connected to Qredo’s custody solution. The integration streamlines inefficient DeFi trade flows, such as migrating funds between cold wallets with multiple transactions, sign-offs, and gas fees. Furthermore, institutions using Clearpool will benefit from institutional-grade governance features such as scalable transaction signing, direct integration, audit-ready reporting, and additional compliance features.
As a result, institutional lenders and borrowers using Clearpool will benefit from
enhanced security and operational efficiency, and have the ability to meet the latest compliance requirements. In addition, the partnership solves another critical problem for institutions not comfortable accessing DeFi protocols via non-custodial wallets.
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Finally, Clearpool will also promote Qredo to its growing number of institutional clients waiting to use the protocol, which has a number of high profile borrowers already announced including Amber Group, Wintermute, and Folkvang. In return, Qredo will offer its white-glove service to onboard institutions and will also promote Clearpool to its large number of institutional clients.
Josh Goodbody, Qredo COO
“Qredo and Clearpool share a vision of using decentralized infrastructure to deliver painless access to DeFi for capital market players. Thus Qredo is proud to provide its decentralized custodial and settlement network in support of Clearpool’s innovative decentralized capital markets ecosystem.”
Robert Alcorn, CFA – Cofounder & CEO of Clearpool
“Clearpool is very excited to be partnering with Qredo for the design of this important safety-enhancing gateway. Qredo and Clearpool have a strong alignment in terms of vision, especially when it comes to the institutional adoption of DeFi. The benefits this partnership will create are clear for all to see and pave the way for a very exciting road ahead.”
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