Tradable Tokenizes $1.7bn of Private Credit Positions 

​Tradable, a pioneering technology company focused on making institutional-quality investments accessible to a broader range of participants, has achieved a significant milestone by tokenizing $1.7 billion of assets across nearly 30 institutional-grade private credit positions. Tradable is now the third-largest real-world asset platform globally and brings unique scale, quality, and diversity to the tokenized asset space.Tradable’s mission is to bring web3 technology to traditional asset managers and tokenize institutional grade investment opportunities, enabling access to high-quality, wealth-generating assets for new and existing investor bases. The next generation of wealth advisory, treasury management, neobanks, regulated trading venues, and financial transactions will be on-chain, and Tradable enables connectivity between the world’s leading asset managers and powerful web3 financial technology.“Tradable seamlessly bridges the on-chain / off-chain divide, while abstracting away all the complexity of adopting web3 technology,” said Alex Cordover, CEO of Tradable. “By leveraging blockchain rails, we’re enabling the supply side to provide any arbitrary institutional grade asset, starting with best-in-class private credit opportunities, to any number of demand side investors, whether on-chain or not.”Separately, Tradable has also received a strategic investment from ParaFi Capital (“ParaFi”), an alternative asset management and technology firm focused on the digital asset ecosystem. ParaFi joins existing Tradable ecosystem partners Victory Park Capital (“VPC”), Janus Henderson Investors (“Janus Henderson”), Matter Labs, and Spring Labs, who have been instrumental in supporting the development, rollout, and expansion of Tradable’s innovative platform.Ben Forman, Founder and Managing Partner of ParaFi, stated, “We’re excited to collaborate with Victory Park Capital and Matter Labs on building the future of private credit on-chain. The potential to modernize the backend of capital markets shines bright for blockchain, and Tradable’s blend of financial expertise, commitment to compliance, and institutional user-friendliness positions the firm strongly in the pursuit of that objective.”Tradable’s on-chain technology is built on ZKsync, allowing for the creation of an efficient, cost-effective, and secure process for institutional asset managers to migrate investment strategies on-chain and access a broader investor base. The security, interoperability, customization, and confidentiality features of ZKsync’s tech empower financial institutions like Victory Park Capital to fully capitalize on tokenization and confidently transition eventually to an entirely on-chain issuance and value transfer model.Alex Gluchowski, co-inventor of ZKsync, said, “Tradable is making it possible to benefit from high-quality, institutional-grade investments, democratizing financial opportunities that were previously out of reach. T