Keeta Network is a high-performance blockchain designed to bridge Web3 and traditional finance, partnering with Solo to lead in real-world tokenization and financial interoperability. Solo transforms data into reusable, verified credentials, empowering banks, fintech firms, and cryptocurrency platforms to make informed, swift decisions while maintaining user privacy.
Both initiatives are backed by Eric Schmidt, former CEO and chairman of Google. Keeta will introduce a digital certificate consolidating fragmented financial credentials into a verified identity known as Solo’s PASS, facilitating seamless lending, peer-to-peer credit, and enhancing on-chain financial reputation.
Keeta claims it is the only blockchain capable of enabling PASS for institutions and platforms, allowing confident loan underwriting based on verified, user-permissioned data. This product supports modern credit rails for wallets, dApps, and embedded finance, while also facilitating pseudonymous lending and borrowing grounded in trusted credentials.
As a result, cryptocurrency and Web3 developers, global earners paid in stablecoins, DAOs, VCs, banks, and others will gain access to a comprehensive on-chain credit system. PASS encompasses KYC, KYB, income, crypto assets, and business credentials, offering users secure and self-owned credentials that provide access to the global economy, enabling banks to operate with full visibility, spending controls, and risk alignment. The partnership will roll out in phases, with verified profiles set to launch in 2025.
Ty Schenk, CEO and founder of Keeta, remarked, “As digital asset adoption accelerates, our blockchain is the first to address the scale and regulatory challenges of an on-chain credit bureau, paving the way for lending, borrowing, mortgages, stablecoin payments, and more. As the fastest blockchain globally, we implement stringent security measures and provide verified users with immediate lending qualifications, offering swift and secure access to credit. We look forward to the use cases that PASS can create as we connect traditional finance with the digital asset ecosystem.”
Georgina Merhom, founder of Solo, added, “For the first time, a blockchain network has made real-world financial credentials—such as income, assets, and identity—verifiable, tokenized, and trusted for lending. Our collaboration with Keeta enables us to build a trust layer of blockchain with tangible utility and the potential to drive the next trillion dollars in lending. PASS offers a portable, programmable credit bureau owned by those it serves.”