Clearpool Jane Street / BlockTower Permissioned Pool fund

Fund · PageRank 0.0030

Also known as: Jane Street Clearpool

Source: clearpool.medium.com

Overview

Clearpool Jane Street / BlockTower Permissioned Pool was Clearpool's first permissioned (KYC/AML) lending pool. In it, Jane Street was the approved institutional borrower and BlockTower Capital was the whitelisted lender that funded the pool — initially with $25M USDC, with capacity to scale to $50M. It marked one of the first times a major Wall Street trading firm borrowed on a DeFi protocol.

Within the DeFi Intel graph, Clearpool Jane Street / BlockTower Permissioned Pool connects to 4 tracked entities, most strongly to Clearpool, BlockTower Capital, Jane Street.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).

Frequently asked questions

What is Clearpool Jane Street / BlockTower Permissioned Pool?

It was Clearpool's first permissioned pool, where Jane Street was the approved institutional borrower and BlockTower Capital was the whitelisted lender that funded the uncollateralized loan, with participation restricted to KYC/AML-approved parties.

How does the permissioned pool differ from open pools on Clearpool?

Unlike open pools where any lender can supply funds, this pool requires lenders to be whitelisted and borrowers to pass KYC/AML checks, reducing credit risk but limiting participation.

What are the risks for lenders in this pool?

Lenders face default risk from the borrowers, though Clearpool uses dynamic interest rates and liquidation mechanisms; the pool is uncollateralized, so losses may occur if borrowers fail to repay.

What is Clearpool Jane Street / BlockTower Permissioned Pool connected to?

In the DeFi Intel knowledge graph, Clearpool Jane Street / BlockTower Permissioned Pool is linked to 4 other tracked entities, most strongly to Clearpool, BlockTower Capital, Jane Street.