ME News reports that on July 15 (UTC+8), 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 network 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. (Source: ODAILY)
Trade and migrate up to $1 billion in private credit assets from ZKsync to Stellar
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Summary
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. Founded in 2024, Tradable provides on-chain infrastructure for managing the private credit lifecycle, compliance, and investor onboarding. Last year, it tokenized approximately $1.7 billion in private credit positions on ZKsync, advancing real-world asset (RWA) initiatives.
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