A Solana based DeFi credit marketplace, Credix has introduced a private credit pool, providing attractive annualized yields (APY) on USDC deposits. This new credit pool is launched with support from Clave, a US-based credit firm operating primarily in Colombia.
Credix’s newly opened private credit pool is deployed on layer 1 blockchain Solana. It claims to be ‘providing investors with a highly lucrative and still liquid fixed-income investment opportunity.’
The pool will finance farmers and support financial inclusion in Colombia via Clave and its affiliates. It will allow accredited investors to deposit their USDC in the pool seeking double digit returns.
“Over the last month investors including Solana Foundation and Keyrock have joined Credix Finance’s receivables pool which offers attractive returns on USDC,” says the DeFi credit company.
Also read: Parrot Protocol on Solana Criticized for its ‘Kill Token’ Proposal
This fully insured receivables pool is a major step in DeFi and asset tokenization ecosystem (RWA) enabling investors with an alternative and diversified investment option.
It’s notable that real world asset (RWA) use cases are increasing into this industry. Recently, Avalanche announced a $50m fund to accelerate asset tokenization.
