Tokenization startup Tradable plans to bring $1 billion worth of private credit assets to Stellar

ParaFi Capital-backed private credit and tokenization platform Tradable plans to bring $1 billion worth of private credit assets to Stellar, a first-generation blockchain that has been winning many big tokenization deals, according to an announcement shared early with The Block.Founded in 2024, Tradable is designed to support full deal lifecycle management, compliance controls, investor onboarding, and ongoing operations using blockchain-based smart contracts. Private credit, in traditional finance, is a multi-trillion-dollar industry often described as illiquid and opaque.The startup announced last year it was tokenizing $1.7 billion of assets across nearly 30 institutional-grade private credit positions on ZKsync, the Ethereum Layer 2."We’re excited to partner with institutionally oriented ecosystems like Stellar," Tradable CEO Alex Cordover said in a statement. "By bringing assets onto the Stellar blockchain network, Tradable is continuing to work toward its goal of building the next generation of alternative asset infrastructure."The move marks a significant step in Tradable’s broader effort to connect traditional asset managers with blockchain infrastructure, enabling tokenized versions of institutional-grade investment opportunities in high-quality private credit, according to the announcement."Stellar is the network regulated institutions choose to tokenize real-world assets, and Tradable's decision to bring up to $1 billion in private credit to the network is a clear signal that enterprises are choosing Stellar to bring financial assets onchain at scale," Denelle Dixon, CEO of the Stellar Development Foundation, said.Stellar, created in 2014 by former Ripple founder Jed McCaleb, has won a significant share of the nascent tokenization sector, driven by its focus on fast settlements and cross-border transactions, as well as its regulatory compliance, data security and privacy features.For instance, Franklin Templeton tapped Stellar to launch BENJI, making it the first U.S.-registered tokenized money market fund on a public blockchain in April 2021. WisdomTree, Ondo Finance, and Figure, among others, are also active on Stellar. The network has become a top choice for stablecoin experiments, including by MoneyGram and U.S. Bancorp.Stellar has seen its average transaction count steadily grow since the last significant crypto bear market, according to The Block’s data.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.