Svmuu News: The tokenization platform Tradable plans to bring up to $1 billion in private credit assets onto the Stellar blockchain to expand institutional access to tokenized RWA. The initiative is expected to offer $500 million in notional value assets at launch, with the amount increasing to $1 billion over time.
Tradable will use the Stellar network to support institutional functions such as compliance, investor onboarding, and asset lifecycle management; a specific launch date has not yet been disclosed. Tradable stated that it has already tokenized $1.7 billion in private credit assets across nearly 30 institutional-grade private credit positions.
Denelle Dixon, CEO of the Stellar Development Foundation, said the agreement reflects growing institutional interest in using the Stellar network for tokenized RWAs. Stellar has recently maintained a strong focus on tokenized RWAs and has attracted institutional partners such as the Depository Trust & Clearing Corporation.
The Tradable initiative will bring up to $1 billion in private credit assets to Stellar
Source:Odaily · Source Link
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