Tradable plans to bring up to 1 billion US dollars of private credit assets onto Stellar.
Tradable will use the Stellar network to support institutional functions such as compliance, investor onboarding, and asset lifecycle management, with the specific launch date yet to be disclosed. Tradable stated that it has already tokenized 1.7 billion USD in private credit assets across nearly 30 institutional-grade private credit positions.
Stellar Development Foundation CEO Denelle Dixon commented that this protocol reflects growing institutional interest in tokenizing RWA on the Stellar network. Stellar has recently continued to focus on tokenized RWA and has attracted institutional partners such as the Depository Trust & Clearing Corporation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why hasn’t the rise in US Treasury yields boosted the US dollar exchange rate?
Gurman predicts iPhone Duo: The first foldable may set industry standards, Apple (AAPL.US) foldable could trigger a decade-long upgrade cycle
Renowned financial journalist Mark Gurman stated that Apple’s first foldable iPhone has the potential to elevate the still-experimental foldable phone category to an industry standard. He noted that this device, called the iPhone Duo, is one of Apple’s most influential products, ranking just behind the iMac, iPod, iPad, and Apple Watch.
Element Fleet drops bid for FleetPartners, exits sale process
Anchoring to Nasdaq! Anthropic races toward a record-breaking IPO with fundraising scale targeting SpaceX
Sources indicate that Anthropic PBC has chosen Nasdaq as its listing venue, and the potential IPO is expected to set a historic record.
Crypto prices
More
