Keeta Launches Blockchain Credit Platform for Digital Assets
Keeta Network is set to connect digital asset holders with credit services like mortgages and loans.This new credit platform, called PASS, aims to bridge the gap between traditional finance and the crypto world.
Keeta and SOLO, a credit data company, are collaborating on this project. They announced the news in a press release dated June 5. PASS aims to be a secure, blockchain-based credit bureau. It will help banks and lenders assess the creditworthiness of crypto users.
Key features of PASS include:
- Know Your Customer and Business checks
- verification of income and crypto holdings
Ty Schenk, CEO of Keeta, sees this as a major step forward. “Keeta’s blockchain is leading the way in creating an on-chain credit bureau,” he said. “This opens up new possibilities for lending, borrowing, mortgages, and stablecoin payments.”
Georgina Merhom, founder of SOLO, added, “PASS makes financial credentials, such as income and assets, verifiable on the blockchain. This is groundbreaking for the lending industry.”
Backed by Eric Schmidt, former Google CEO, Keeta is a blockchain network with built-in compliance. The real-world asset tokenization market, which Keeta targets, is growing fast. It is now worth over $23 billion.
The PASS platform will roll out in phases. Verified financial profiles are expected by summer 2025. Later, they plan to add a lending marketplace, stablecoin loans, and bank integrations.
