Tradable plans to migrate 1 billion dollars of private credit assets from ZKsync to Stellar

According to The Block, Tradable, a Tokenization platform invested in by ParaFi Capital, plans to migrate up to approximately 1 billion US dollars of private credit assets from ZKsync to Stellar. Founded in 2024, Tradable tokenized around 1.7 billion US dollars and nearly 30 institutional-grade private credit positions on ZKsync last year. This migration aims to leverage Stellar's user base and its compliance and privacy features in the institutional Tokenization sector to provide on-chain, high-quality private credit investment opportunities for traditional asset managers.