Clearpool Partners with Synnax to Enable Real-time AI Credit Intelligence for RWA Markets
Clearpool, the leading DeFi credit and RWA lending protocol, has announced a strategic partnership with Synnax, a privacy-preserving provider of real-time AI Credit Intelligence for DeFi and RWA markets.
With the explosive growth of on-chain credit over recent years, the need for a sophisticated solution to monitor counterparty credit risk has increased. Synnax solves this problem with its groundbreaking AI Credit Intelligence platform, which will be integrated with the Clearpool protocol.
Credit Intelligence goes beyond traditional credit rating standards. By leveraging a unique and highly-scalable decentralized AI network, Synnax will provide forward-looking, predictive credit intelligence throughout Clearpool’s ecosystem of products and partners. This includes predictive financial ratios, forecasts for probability of default, and a forward-looking credit signal, providing lenders on Clearpool with enhanced data to inform their decisions.
Synnax also introduces privacy-preserving data exchange protocols through the use of secure computation and cutting-edge encryption, as well as Zero-Knowledge proof-of-equity validations through its ZK/e product, a solution which enables the attestation of on-chain and off-chain assets & liabilities.
By integrating Synnax Credit Signals, the Clearpool Protocol will generate an additional revenue stream through Synnax referral fees and attract a broader network of borrowers and lenders. The increased transparency and capital access/allocation efficiency enabled by Synnax Credit Intelligence will benefit the $CPOOL community through higher Total Loans Originated (TLO), increased revenue, and consequently, more $CPOOL buybacks.
“Synnax enables broader access to credit for borrowers in digital asset credit markets whilst protecting their data privacy, and provides lenders with transparent, real-time, bias-resistant credit insights to enhance credit analysis and capital allocation efficiency. The partnership with Clearpool, the leading credit protocol, is the natural first step for the launch of our products” — Robert Alcorn, CEO & Co-Founder of Synnax
“We are excited to be partnering with Synnax. DeFi has been lacking a universally accepted credit rating standard and we believe that Synnax will quickly fill this gap. Synnax will provide valuable insights to lenders on Clearpool’s various products, and open up a much larger pool of potential borrowers. The launch of Synnax is timely as we see more institutional interest in Clearpool and on-chain private credit. We are also super excited for CPOOL holders, who will benefit from this partnership, more details to come soon” — Jakob Kronbichler, CEO & Co-Founder of Clearpool
More exciting news about this partnership is coming soon! We recommend all $CPOOL holders to follow Synnax on X and join the Synnaxians Community Telegram group for updates!
