Tradable to Migrate Up to $1 Billion in Private Credit Assets from ZKsync to Stellar

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On-chain news: Tradable, a tokenization platform backed by ParaFi Capital, plans to migrate up to $1 billion in private credit assets from ZKsync to Stellar. The move aims to leverage Stellar’s institutional user base and compliance tools to bring real-world assets (RWA) into on-chain private credit markets. Founded in 2024, Tradable has already tokenized $1.7 billion in private credit positions on ZKsync.

ChainCatcher report, according to The Block, Tradable, a tokenization platform backed by ParaFi Capital, plans to migrate up to approximately $1 billion in private credit assets from the Ethereum Layer 2 ZKsync to the public blockchain Stellar. Founded in 2024, Tradable provides on-chain infrastructure for end-to-end management of private credit, compliance controls, and investor onboarding, having already tokenized around $1.7 billion in nearly 30 institutional-grade private credit positions on ZKsync last year. This migration aims to leverage Stellar’s established user base and its compliance and privacy features in institutional tokenization to offer high-quality private credit investment opportunities to traditional asset managers. Stellar has previously hosted RWA products and stablecoin pilots from Franklin Templeton, WisdomTree, Ondo Finance, and Figure.

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