Ozean Partners with Paimon Finance to Launch HYD Token, Connecting to Blackstone’s $50 Billion Private Credit Fund

Odaily News According to official news from Clearpool, its real-world asset (RWA) yield blockchain Ozean has partnered with Paimon Finance to launch the Paimon High Yield Token (HYD), providing users with on-chain access to institutional-grade private credit, including Blackstone’s over $50 billion private credit fund (BCRED). Blackstone is the world’s largest alternative asset management company, with over $1.1 trillion in assets under management, and BCRED is its flagship private credit fund. HYD will introduce BCRED exposure to Ozean, enhancing the investment diversity of DeFi users.
Guyan Liu of Paimon Finance said that in addition to private credit, Paimon is also promoting the tokenization of physical assets and unlisted shares of SpaceX, Stripe, etc., and plans to launch more hedge funds and private equity strategies in 2025.