ParaFi Capital-backed private credit and tokenization platform Tradable plans to bring $1 billion worth of private credit assets to Stellar, a first-generation blockchain that has been winning many big tokenization deals, according to an announcement shared early with The Block.
Founded in 2024, Tradable is designed to support full deal lifecycle management, compliance controls, investor onboarding, and ongoing operations using blockchain-based smart contracts. Private credit, in traditional finance, is a multi-trillion-dollar industry often described as illiquid and opaque.
The startup announced last year it was tokenizing $1.7 billion of assets across nearly 30 institutional-grade private credit positions on ZKsync, the Ethereum Layer 2.
"We’re excited to partner with institutionally oriented ecosystems like Stellar," Tradable CEO Alex Cordover said in a statement. "By bringing assets onto the Stellar blockchain network, Tradable is continuing to work toward its goal of building the next generation of alternative asset infrastructure."
The move marks a significant step in Tradable’s broader effort to connect traditional asset managers with blockchain infrastructure, enabling tokenized versions of institutional-grade investment opportunities in high-quality private credit, according to the announcement.
