Clearpool to Launch New Institutional-Grade Marketplace Clearpool Premier In Q1

Decentralized lending protocol Clearpool announced the upcoming launch of its new institutional-grade marketplace, Clearpool Prime.Clearpool Prime, which is scheduled to go operational in Q1, will allow institutions to borrow and lend digital assets on a large scale in a safe, legal environment while also providing market players with liquidity and competitive pricing.In order to enable institutions to borrow cryptoassets without over-collateralization, Robert Alcorn, a former trader at an investment bank, and Alessio Quaglini, CEO of Hex Trust, established Clearpool in June 2021.Since overcollateralization is exceedingly capital inefficient, institutional borrowers prefer unsecured debt, which makes up the vast bulk of the world’s debt. The current overcollateralized lending protocols (i.e. Clearpool has created a dynamic marketplace for uncollateralized institutional liquidity. These larger players have the option of borrowing from large, liquid crypto-native capital pools or receiving higher risk adjusted returns and lower counterparty risks on the money they lend. Clearpool also offers programmability and transparency. Prime will support and facilitate the development of decentralized capital market. It was designed, tested, and audited to meet institutional needs. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: BlockTowerClearpoolClearpool PrimeDeFiJane Street