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Tokenization platform Tradable plans to bring up to $1 billion of private credit assets onto the Stellar blockchain, extending its institutional asset infrastructure beyond ZKsync.
The project is expected to make $500 million in notional value available at launch before expanding to $1 billion. Tradable has not disclosed a launch date or identified the asset managers and credit positions included in the first phase.
$500M First Phase Covers Onboarding and Controls
Tradable will use Stellar for investor onboarding, compliance controls, deal administration and ongoing asset operations. Its platform uses smart contracts to represent private credit positions while enforcing identity checks, accreditation rules and transfer restrictions.
The company said the integration is intended to make the assets interoperable across approved platforms and support potential liquidity through redemptions or secondary markets. Tokenization does not remove the credit, valuation or liquidity risks attached to the underlying loans.
Stellar Rollout Adds to Tradable’s ZKsync Base
Tradable was founded in 2024 and is backed by ParaFi Capital. It said in 2025 that it had tokenized $1.7 billion across nearly 30 institutional-grade private credit positions on ZKsync.
The Stellar deployment will add another network rather than replace its existing infrastructure. The move gives Tradable another public blockchain option for issuing and administering regulated private market assets.
Stellar RWA Base Topped $2B After Q1
Stellar has attracted financial firms using public blockchain infrastructure for tokenized funds, payments and settlement. Franklin Templeton, WisdomTree, Ondo Finance and Figure have deployed products or services on the network.
Tradable said Stellar’s native asset controls, privacy features and operating costs were factors in its selection. Stellar supports issuer controls that can restrict who holds or transfers an asset, a requirement for many regulated private market products.
The network had more than $2 billion in tokenized real-world assets shortly after the first quarter, according to Stellar Development Foundation data.
RWA Market Tops $34B by Tracker Data
The agreement arrives as tracker data shows the market for tokenized assets excluding stablecoins above $34 billion, up from less than $3 billion in mid-2024.
Private credit has become one of the largest segments as asset managers test blockchain-based distribution and administration.
Tradable’s full $1 billion target would expand Stellar’s tokenized asset base if all planned assets are issued and remain on-chain.
Launch Date and First Assets Remain Undisclosed
The announcement is an integration plan, not a completed $1 billion issuance. Tradable must still confirm the launch date, initial assets and investor access rules before the first $500 million becomes available on Stellar.
The next step is disclosure of the first private credit positions and the conditions under which approved investors can access them.
