Tradable to move up to $1B in private credit assets to Stellar

Tokenization startup Tradable plans to move up to $1 billion in private credit assets from ZKSync to the Stellar (XLM) chain, The Block reported. The company intends to leverage Stellar's institution-friendly ecosystem to accelerate the development of an alternative asset infrastructure connecting traditional asset managers with blockchain technology. Stellar has recently gained attention in the real-world asset (RWA) tokenization market and has previously been adopted by institutions such as Franklin Templeton and WisdomTree as their network for tokenizing real-world assets.