Tokenization platform Tradable plans to migrate up to $1 billion in private credit assets from zkSync to Stellar

Comparatively, according to The Block, the tokenization platform Tradable, invested by ParaFi Capital, plans to migrate private credit assets of up to 1 billion US dollars from Ethereum's second-tier zkSync to public chain Stellar. Established in 2024, Tradable provides on-chain infrastructure such as full life cycle management of private equity credit, compliance control, and investor account opening. Last year, it tokenized approximately US$1.7 billion and nearly 30 institutional-level private equity positions on zkSync.

The migration aims to provide traditional asset managers with high-quality on-chain private equity investment opportunities by leveraging Stellar's user base and compliance and privacy characteristics in the field of institutional tokenization. Stellar has previously hosted RWA products and stablecoin pilots such as Franklin Templeton, WisdomTree, Ondo Finance, Figure, etc.

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