Ozean collaborates with Paimon Finance to launch HYD token, connecting to Blackstone's $50 billion private credit fund

Odaily Planet Daily News: According to Clearpool's official announcement, its real-world asset (RWA) revenue blockchain Ozean has partnered with Paimon Finance to launch the Paimon High Yield Token (HYD), providing users with on chain access to institutional level private credit, including Blackstone's over $50 billion Private Credit Fund (BCRED). Blackstone, as the world's largest alternative asset management company, manages over $1.1 trillion in assets, with BCRED as its flagship private credit fund. HYD introduces BCRED exposure into Ozean to enhance the investment diversity of DeFi users. Guyan Liu from Paimon Finance stated that in addition to private lending, Paimon is also advancing the tokenization of physical assets and unlisted shares such as SpaceX and Stripe, and plans to launch more hedge funds and private equity strategies by 2025.