Ozean Partners with First Digital to Expand Real-World Asset Tokenization
Ozean, a blockchain dedicated to Real-World Asset (RWA) yield launched by Clearpool, has announced a strategic collaboration with First Digital, a Hong Kong-based provider of custodial, trust, payments, and stablecoin solutions. This partnership, formed under Ozean’s WaveMaker program, will grant projects within the Ozean ecosystem access to First Digital’s licensed digital asset custody and the First Digital USD (FDUSD) stablecoin network.
Enhancing Security and Transparency in RWA Tokenization
First Digital Labs, an industry leader in stablecoin development, is focused on offering secure and transparent digital assets tailored for institutional use. Their portfolio of stablecoins is designed to support global business expansion, cross-border transactions, and efficient trade settlements.
Launched in June 2023, FDUSD is a fully USD-backed stablecoin with a market capitalization exceeding $2 billion. It provides a stable and scalable digital dollar solution, backed 1:1 by cash and cash equivalents in segregated holding structures. This structure ensures reliability for payments, trading, and decentralized finance (DeFi) applications.
Commenting on the partnership, Devere Bryan, General Manager of First Digital, stated, “Our integration with Ozean’s WaveMaker program allows First Digital to extend the reach of FDUSD and provide secure, efficient stablecoin solutions to projects tokenizing RWAs. We are committed to fostering transparency, compliance, and security in the digital currency space.”
WaveMaker: Ozean’s RWA Accelerator Program
Ozean is designed to seamlessly integrate RWAs into DeFi by addressing critical challenges such as the limited accessibility of base RWA yield and the fragmentation of existing RWA protocols. Built on the OP Stack as part of Optimism’s Superchain, Ozean provides the foundational infrastructure necessary for blockchain financial markets, allowing users to earn native yield on stablecoins.
As an accelerator program, WaveMaker streamlines the RWA tokenization process by offering end-to-end support, expert guidance, and access to an ecosystem of issuers, investors, and service providers. The program enhances liquidity, accessibility, and capital efficiency, making it easier for businesses to tokenize real-world assets.
“The collaboration with First Digital through WaveMaker aligns with our mission to bring diverse, high-quality RWAs on-chain,” said Jakob Kronbichler, CEO & Co-founder of Clearpool. “By enabling access to First Digital’s custody and payment solutions, we are enhancing the capabilities of projects within the Ozean ecosystem and driving the adoption of RWAs in the broader DeFi landscape.”
Expanding the RWA Horizon
This collaboration sets the stage for further expansion into a broader range of tokenized assets, including commodities and diversified RWA baskets. By enhancing yield opportunities and portfolio diversification, Ozean aims to redefine DeFi’s engagement with real-world assets.
As blockchain adoption in traditional finance continues to grow, this partnership marks a significant step toward increasing institutional participation in DeFi. By leveraging First Digital’s expertise in secure custody and stablecoin solutions, Ozean is positioning itself as a leading force in the evolving landscape of RWA tokenization.
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