Clearpool Announces Plans to Launch an Institutional Platform
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Cryptocurrency lending protocol Clearpool has selected Ethereum layer 2 solution network Polygon to launch a platform for institutional investors.
The platform, known as Clearpool Prime, is a non-custodial marketplace in which all users “go through rigorous KYC/AML vetting.”
According to the company:
“Borrowers can run custom pools while lenders access yield opportunities with high-quality institutional counterparties, all in a secure, compliant environment.”
Platform representatives have added that, together with Polygon, they continue to work on creating institutional products in the DeFi segment.
The project representatives have said that the new platform will be launched in the first quarter of 2023.
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