Tradable, a tokenization platform backed by ParaFi Capital, plans to migrate up to about $1 billion in private credit assets from Ethereum layer-2 network ZKsync to public blockchain Stellar. The company, founded in 2024, provides on-chain infrastructure for the full lifecycle of private credit, including compliance controls and investor onboarding. Last year, Tradable tokenized about $1.7 billion in nearly 30 institutional-grade private credit positions on ZKsync. The planned shift would move part of that activity from an Ethereum scaling network to Stellar, based on the information released by Odaily. No further timeline or transaction details were disclosed in the source report.
Tradable, a tokenization platform backed by ParaFi Capital, plans to migrate up to about $1 billion in private credit assets from Ethereum layer-2 network ZKsync to the Stellar public blockchain, according to Odaily.
Founded in 2024, Tradable provides on-chain infrastructure for the full lifecycle management of private credit, including compliance controls and investor onboarding. Last year, the platform tokenized about $1.7 billion across nearly 30 institutional-grade private credit positions on ZKsync.
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