Outlier Ventures, Celo Ecosystem and Defactor Reveal the Six Teams in the Real World Assets Base Camp

Contents

  • The Real World Assets (RWA) Base Camp is a Web3 accelerator program run by Outlier Ventures in collaboration with the Celo ecosystem and supported by Defactor, aiding early-stage Web3 founders. 
  • The RWA Base Camp selected six startups building infrastructure, applications, and products that will fuel the mainstream adoption of tokenized real-world assets (RWA) across industries.
  • The remote 12-week accelerator program includes workshops with subject matter experts from Outlier Ventures, mentorship from industry experts, and support from the Celo ecosystem and Defactor for participating teams.

The Real World Asset Base Camp program has officially kicked off

Today Outlier Ventures, the leading global web3 accelerator in active support of projects throughout the industry, and the community building on Celo, the emerging Ethereum Layer-2 and mobile-first blockchain network built for the real world and designed for fast, low-cost payments worldwide, are pleased to announce the teams selected to take part in the Real World Assets (RWA) Base Camp accelerator program. The cohort will also be supported by Defactor, who is supporting teams on RWA tokenization, serving as an industry expert in the program. 

The RWA Base Camp carefully selected six teams of leading early-stage startups focused on building products across financial assets and infrastructure. These teams are specifically dedicated to building a private credit DeFi lending platform, lending and borrowing secured by RWAs, stablecoin-based microloans based on social reputation, RWA lending protocol addressing supply chain liquidity challenges, digital securities platforms for tokenized alternative investments, and an RWA perpetual and derivatives exchange. Collectively, their mission is to revolutionise the accessibility, transparency, and efficiency of Real World Assets (RWAs) through blockchain technology and decentralized finance (DeFi).

Outlier Ventures, the Celo ecosystem and Defactor are pleased to introduce the cohort: 

Credbull (United Arab Emirates & Singapore)

High fixed-yield private credit regardless of market cycles.

Credbull is a leading Private Credit platform offering high fixed-yield solutions on stablecoins, having launched the very first licensed, on-chain private credit fund in April 2024. Credbull is focused on providing broader access, as well as transparency into real-time strategy, risk management, performance, and all off-chain activities of private credit lending – setting a new standard for the RWA and private credit space. Products include structured high fixed-yield regardless of crypto market cycles. 

Credible Finance (India & Saudi Arabia)

Lend and Borrow with RWAs.

Credible offers lending and borrowing secured by RWAs, such as private credit, trade receivables, and tokenized assets. Credible CeDeFi architecture comprises a licensed network of lending institutions that enables it to onboard tokenized RWA collateral, and DeFi sources global debt liquidity.

Haraka (USA & France)

Haraka issues stablecoin-based microloans based on social reputation.

Haraka is a blockchain-based community credit protocol that leverages social reputation as a form of ‘collateral’ for underwriting. Haraka connects real-world asset investors in the tokenized private credit markets to entrepreneurs around the world who need capital to expand their businesses with loans in local stablecoins. 

Isle Finance (Taiwan)

Addressing supply chain liquidity challenges through RWA DeFi solutions.

Isle Finance is a pioneering RWA lending protocol aimed at addressing the liquidity challenges faced by supply chain corporations. Isle Finance establishes a comprehensive RWA verification process by uniquely connecting with high-credit supply chain buyers. This process significantly enhances security for liquidity providers by ensuring the authenticity and quality of the underlying assets.

More Liquid (UK)

Liquidity for investments through digital finance.

Moreliquid is a digital assets platform that offers end-to-end services to asset managers for digital finance. The platform allows professional investors to access fast, secure, and cost-efficient transactions by tokenizing funds sourced through our network of asset managers.

Silver Koi (USA & Hong Kong)

RWA perpetuals protocol for professional traders, powered by the first custom blockchain optimized for institutional trading.

Silver Koi is building an innovative RWA perpetuals protocol for professional traders, powered by the first custom blockchain designed and optimized for institutional trading. The Silver Koi team is comprised of  technology and finance veterans with over 20 combined years of experience at companies like Google, Citadel Securities, Meta, and Amazon.

At Outlier Ventures we believe that the integration of Real World Assets into Web3 infrastructure, driven by tokenization, is set to transform our interaction with and perception of everyday assets.” Said Katie Lundie, Outlier Ventures’ RWA Accelerator Lead. “We see that as a pivotal step toward the mainstream adoption of Web3, which is why we are so excited to announce the cohort for the RWA Base Camp Accelerator program in collaboration with the Celo ecosystem and Defactor. The chosen teams are bridging the gap between traditional and decentralized finance, fostering innovation, and shaping our future today.” 

“The RWA Base Camp is a critical resource as projects look to onchain solutions to increase access to financial solutions and reduce barriers present in traditional systems,” said Isha Varshney, Celo Foundation Head of Ecosystem. “The six teams selected for the final cohort stood out in an already impressive pool of candidates as innovative leaders who can drive the next wave of adoption through their cutting-edge solutions. We’re excited to work with them over the next 12 weeks to bring their projects to everyday users.”

Adam Bouktila, Co-founder, Defactor, said:  “We are proud to be a part of the OV RWA base camp to help mentor and guide the cohort on their journey. The tokenisation of RWAs has the potential to be transformative for the global financial system. We aim to provide our technology and our knowledge to all members of the program”

Throughout the program, the teams will receive tailored support from Outlier Ventures’ in-house experts on vital areas, including their product roadmap, community building, entity structuring, and fundraising support. Leaders from the Celo Foundation and Defactor will also provide mentorship and support to meet each startup’s needs. 

The start-ups will have direct access to and support from a network of leading industry mentors and investors for their future fundraising efforts. At the end of the program, teams will participate in a Demo Day. 

Supporting the cohort

About Celo 

Celo is an emerging Ethereum Layer-2 and mobile-first blockchain network built for the real world and designed for fast, low-cost payments worldwide. The Celo ecosystem consists of a decentralized, proof-of-stake blockchain technology stack (the Celo Platform), the CELO native token, USDC and USDT (both enabled as gas currencies), several Mento stable assets (cUSD, cEUR, cREAL, eXOF), and popular, blue chip infrastructure including Uniswap V3, Curve, Chainlink, and Rarible, among others. Launched on Earth Day in 2020, the open-source Celo mainnet supports a rich ecosystem of projects (1,000+) contributing to Celo’s global mission of prosperity for all. For more about Celo, visit https://celo.org/.

About Defactor

Defactor is a RWA infrastructure and technology provider. Founded in 2021, Defactor has built the RWA toolkit to help innovative projects on their mission to mass adoption. The toolkit allows asset tokenisation, DeFi lending against RWA assets and the ability to offer staking and governance to tokenised communities. Visit Defactor.com to accelerate your RWA goals. 

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