Key facts
- Tradable will integrate up to $1 billion in private credit assets onto the Stellar blockchain.
- The initiative aims to expand institutional access to tokenized real-world assets (RWAs).
- $500 million in notional value is expected at launch, growing to $1 billion.
- Stellar's network will support compliance, investor onboarding, and asset lifecycle management.
- Tradable has already tokenized $1.7 billion in private credit assets.
- The tokenized RWA market is valued at over $34 billion, with private credit dominating.
Tradable, a tokenization platform, announced plans to integrate up to $1 billion in private credit assets onto the Stellar blockchain. This move is expected to enhance institutional access to tokenized real-world assets (RWAs) and capitalize on the growing demand for on-chain private markets.
Initially, $500 million in notional value will be available, with the amount projected to increase to $1 billion over time. Tradable will leverage Stellar's network to facilitate institutional functions such as compliance, investor onboarding, and asset lifecycle management. The specific launch date for this initiative has not yet been disclosed.
Denelle Dixon, CEO of the Stellar Development Foundation, stated that this agreement underscores the increasing institutional interest in utilizing the Stellar network for tokenized RWAs. This development builds upon Tradable's existing operations, where the company has already tokenized approximately $1.7 billion in private credit assets across nearly 30 institutional-grade positions.
Stellar, a long-standing public blockchain, has been strategically focusing on tokenized RWAs, attracting significant institutional partners like the Depository Trust & Clearing Corporation, which intends to connect its tokenization service to the network. These advancements align with broader trends in the tokenized RWA market, which has seen its value exceed $34 billion, according to RWA.xyz.
Private credit has become the dominant segment within the tokenized RWA market, representing about 44% of the sector's total value, as noted by Bernstein analysts. This growth is attributed to financial institutions increasingly adopting blockchain technology for more efficient origination, servicing, and settlement of private loans. Bernstein highlighted Figure Technology Solutions as a key contributor to this expansion through its blockchain-based lending and loan settlement infrastructure. Token Terminal also pointed to private credit as a major driver of the tokenization boom, driven by the migration of traditional financial assets onto blockchain infrastructure.