Amid tokenization race, Tradable brings $1.7B private credit onchain
Tradable has successfully tokenized $1.7 billion in private credit assets on ZKsync, demonstrating rising interest in institutional-grade investments. This latest move allows Tradable to offer nearly 30 high-quality credit positions, with expected yields ranging from 8% to 15.5%. The platform aims to lower barriers for institutions by facilitating asset tokenization, thus potentially attracting new investors as wealth management and financial transactions shift onchain. ZKsync, a layer-2 solution on Ethereum, enhances performance and user experience. The broader landscape includes participants like Securitize and Treasury tokenization platforms expanding their offerings. S&P Global highlights tokenization as a transformative opportunity in the private credit sector, addressing key issues like liquidity and transparency. The move towards tokenization in private credit could enable fractionalized loans, broadening access for borrowers. Current estimates place the market for tokenized real-world assets at $12 billion, signaling substantial growth in the sector.
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