Tradable Plans to Shift Up to $1 Billion of Tokenized Private Credit to Stellar

Tradable, a real-world asset tokenization platform, plans to shift as much as $1 billion of private credit assets to the Stellar (XLM) blockchain.

The Block reported on July 15 that the company plans to tokenize up to $1 billion of private credit assets on the Stellar network.

Tradable, founded in 2024, is an RWA tokenization platform. Last year, it tokenized about $1.7 billion of institutional-grade private credit assets on Ethereum layer-2 network ZKsync.

"We’re pleased to be working with an institution-focused ecosystem like Stellar," Tradable Chief Executive Officer Alex Kodovr said. He added that moving assets to the Stellar blockchain would support the company’s goal of building next-generation infrastructure for alternative assets.

"Stellar is the network of choice for regulators and financial institutions looking to tokenize real-world assets," Denelle Dixon, Chief Executive Officer of the Stellar Development Foundation, said. The decision by Tradable shows companies are choosing Stellar to move large-scale financial assets on-chain, she added.