#PrivateCredit

102 articles tagged #PrivateCredit — curated RWA tokenization coverage.

Tokenized RWAs Are Up 589% And Nobody In Crypto Is Talking About It
U.S. Treasuries

Tokenized RWAs Are Up 589% And Nobody In Crypto Is Talking About It

The tokenized real-world asset (RWA) sector experienced a 589% surge in active issuance between January 2025 and May 2026, growing from $2.9 billion to nearly $20 billion. Binance Research identifies 2026 as the maturation year for the industry, driven by institutional demand for programmable yield and improved regulatory clarity in the U.S. and EU. BlackRock’s BUIDL fund on Ethereum served as a primary catalyst, reaching $1.7 billion in assets and validating the use of public blockchains for institutional-grade products. Tokenized U.S. Treasuries currently dominate the market, accounting for $9.6 billion of the total, with major players like Ondo Finance and Franklin Templeton leading the space. Simultaneously, tokenized private credit has rebounded to $4.1 billion in TVL, supported by improved underwriting and institutional participation. Ethereum remains the dominant infrastructure, hosting 68% of all active RWA value due to its established custodian tooling and DeFi composability. This shift signifies a structural transition where traditional finance firms increasingly adopt on-chain rails for asset management and settlement.

yellow.com·Sep 13, 20268.5
Ripple's On-Chain Lending Partner Picks XRP Ledger for Token, Leaves Ethereum Behind
Credit (Private Credit)

Ripple's On-Chain Lending Partner Picks XRP Ledger for Token, Leaves Ethereum Behind

The decentralized credit protocol Clearpool is migrating its core infrastructure from Ethereum to the XRP Ledger (XRPL) to capture emerging institutional capital markets. This strategic shift follows the XRPL v3 upgrade, which introduced native lending capabilities to a network previously focused primarily on cross-border payments. Clearpool aims to replicate the success of Ethereum-based lending models like Morpho by facilitating private credit for fintech and payment companies. In collaboration with Cicada Partners, the protocol is launching an institutional credit fund, with Hex Trust providing regulated custody and borrower verification services. To support this transition, Clearpool is replacing its legacy CPOOL token with a new CLEAR token, citing the exhaustion of the former's supply and incentive reserves. The new tokenomics model features a deflationary mechanism where 50% of protocol fees are used for token buybacks and burns, while the remainder rewards stakers. This migration represents a significant effort to unlock idle liquidity within the XRP ecosystem and establish a transparent, auditable framework for real-world asset lending. The proposal is currently undergoing a 14-day community discussion period before a final Snapshot vote by tokenholders.

u.today·Sep 11, 20267.5
Valinor Launches Tokenized BDC Fund On Superstate
Credit (Private Credit)

Valinor Launches Tokenized BDC Fund On Superstate

Valinor has launched a tokenized Business Development Company (BDC) fund on the Superstate platform, marking a significant expansion of private credit accessibility on-chain. This initiative allows qualified investors to gain exposure to private credit assets through a digital vehicle that leverages the efficiency of blockchain technology. By utilizing Superstate’s infrastructure, Valinor aims to streamline the subscription and management processes typically associated with traditional BDC structures. The integration highlights the growing trend of institutional-grade private credit moving toward tokenized formats to enhance liquidity and transparency. This development is notable for the RWA market as it demonstrates the successful application of blockchain rails to complex, yield-generating private credit instruments. As more asset managers adopt this model, the barrier to entry for private credit investments continues to lower for a broader range of digital asset participants. The collaboration underscores the increasing reliance on specialized platforms like Superstate to bridge the gap between legacy financial products and decentralized finance ecosystems.

thedefiant.io·Sep 10, 20267.5
Hedera Blockchain Powers Manhattan Hotel Real Estate Tokenization
Infrastructure

Hedera Blockchain Powers Manhattan Hotel Real Estate Tokenization

The provided text contains a collection of disparate industry updates rather than a single cohesive story regarding a Manhattan hotel. It highlights Broadridge Financial Solutions launching DLX, a digital-asset infrastructure platform designed to bridge traditional and tokenized financial operations. Additionally, Tether and Fasanara Capital have introduced a $400 million private credit fund focused on lending to the real economy. NEAR Intents has partnered with ShieldFi to enable confidential cryptocurrency swaps across over 30 blockchain networks. PhillipCapital’s Web3 division, Symphony, is expanding its brokerage and wealth management services into Kazakhstan. Consensys Software Inc. has announced plans to separate its consumer business from its institutional blockchain infrastructure. These developments collectively illustrate the ongoing institutional push to integrate blockchain technology into diverse financial sectors, including private credit, cross-chain infrastructure, and global brokerage services.

cointrust.com·Sep 10, 20266.5
Plume Launches FACTOR Vault With $15M To Bring Institutional Private Credit On-Chain
Credit (Private Credit)

Plume Launches FACTOR Vault With $15M To Bring Institutional Private Credit On-Chain

Plume has launched FACTOR, a tokenized private credit vault that secured $15 million in initial committed capital to provide on-chain investors access to short-duration financing. Developed in partnership with Tradable and Deep Ocean Partners, the vault focuses on net working capital financing, including invoice factoring and asset-based lending. Plume provides the vault infrastructure, Tradable handles the tokenization and lifecycle management, and Deep Ocean Partners manages the credit underwriting and servicing. The product targets a 14% APY and incorporates a liquidity sleeve and warehouse facility to manage investor redemptions. By bringing institutional-grade private credit on-chain, the initiative aims to bridge traditional lending markets with blockchain-based distribution channels. This launch represents a significant expansion of the RWA sector, moving beyond standard treasury products into active, short-term corporate financing. The firms plan to scale the vault's capacity as additional credit opportunities are sourced and investor demand grows.

tronweekly.com·Sep 10, 20267.5
Dubai's Zamanat brings GCC private credit on-chain with $100M tokenized fund targeting underserved SMEs
Credit (Private Credit)

Dubai's Zamanat brings GCC private credit on-chain with $100M tokenized fund targeting underserved SMEs

Dubai-based firm Zamanat has launched the Zamanat Fund CEIC Limited, a tokenized private credit fund domiciled in the Dubai International Financial Centre (DIFC) with a target size of $100 million. The initiative aims to address a $250 billion financing gap for small and medium-sized enterprises (SMEs) across the Gulf Cooperation Council (GCC) region. Despite SMEs contributing over 50% of the UAE's GDP, they currently receive less than 10% of total bank lending, highlighting a significant market inefficiency. The fund is regulated by the Dubai Financial Services Authority (DFSA) as a closed-ended Exempt Fund and is managed by Truleum Venture Partners Limited. Interests in the fund are issued as ZM1 Investment Tokens on the ZIGChain blockchain, facilitating a digital bridge between institutional capital and credit-starved businesses. Apex Group serves as the institutional fund administrator, ensuring professional oversight for the tokenized structure. This development marks a significant step in integrating regional private credit markets into a regulated blockchain framework, potentially unlocking liquidity for underserved sectors.

finbold.com·Sep 10, 20267.5
Dubai digital assets platform launches $100m tokenized private credit fund
Credit (Private Credit)

Dubai digital assets platform launches $100m tokenized private credit fund

Dubai-based digital assets platform Yield App has launched a $100 million tokenized private credit fund, marking a significant expansion of institutional-grade investment products in the Middle East. The fund, structured as a tokenized vehicle, aims to provide investors with exposure to private credit markets while leveraging blockchain technology for increased transparency and operational efficiency. By tokenizing these assets, Yield App seeks to lower the barrier to entry for qualified investors who previously faced high minimums and liquidity constraints in traditional private credit. This development underscores the growing trend of regional financial hubs in the UAE adopting tokenization to modernize capital markets and attract global liquidity. The initiative reflects a broader shift toward integrating real-world assets into decentralized finance frameworks to enhance yield generation. As the Middle East continues to position itself as a global crypto-friendly jurisdiction, such funds serve as a bridge between traditional finance and digital asset infrastructure. This launch highlights the increasing institutional appetite for tokenized private credit as a viable alternative to traditional fixed-income products.

citywire.com·Sep 10, 20267.5
Apex Group CEO makes the case for tokenization as the key to unlocking private credit
Credit (Private Credit)

Apex Group CEO makes the case for tokenization as the key to unlocking private credit

Apex Group, a global fund administrator overseeing $3.5 trillion in assets, is aggressively expanding its tokenization infrastructure to democratize access to private-market deals for family offices and wealth managers. CEO Peter Hughes emphasizes that blockchain technology is the key to solving long-standing distribution inefficiencies in private credit and equity markets. The firm’s strategy includes the May 2025 acquisition of a majority stake in Tokeny, granting control over the Polygon-based T-REX Ledger for compliance-focused issuance. Following the July 2025 launch of its Apex Digital 3.0 platform, the company is managing the full lifecycle of tokenized assets including issuance, custody, and distribution. Apex has set a concrete target to reach $100 billion in tokenized assets under administration by June 2027. Furthermore, the firm is preparing for a strategic partnership with the London Stock Exchange Group scheduled for February 2026 to scale private fund tokenization. These efforts are supported by data from a May 2026 survey, which revealed that 50% of asset managers have already adopted tokenization strategies, with private credit being a primary focus. By leveraging its 36 regulatory licenses, Apex is transitioning from pilot programs to live institutional products, such as tokenized real estate on Goldman Sachs’ GS DAP platform.

cryptobriefing.com·Sep 8, 20268.0
Figure Completes $717 Million Kiavi Acquisition, Pushing $7 Billion in Real Estate Loans Onchain
Credit (Private Credit)

Figure Completes $717 Million Kiavi Acquisition, Pushing $7 Billion in Real Estate Loans Onchain

Figure Technology Solutions has finalized its $717 million acquisition of Kiavi, a residential real estate lending technology provider, to significantly scale its blockchain-based private credit marketplace. The transaction, which closed on September 1, integrates Kiavi’s AI-driven platform and over $7 billion in projected annual loan volume into Figure’s onchain ecosystem. Figure funded the deal primarily through a $600 million senior note offering and utilized a joint venture with investment firm Sixth Street to acquire Kiavi’s loan balance sheet. This move expands Figure’s reach into the first-lien mortgage market, which the company estimates is 25 times larger than the second-lien segment. By leveraging Kiavi’s proprietary home-value engine and document review tools, Figure aims to standardize data for its Democratized Prime and Figure Connect platforms. The acquisition positions Figure as a dominant player in the tokenized private credit sector, which saw significant growth to $65 billion in total RWA market value by May 2026. This integration serves as a critical test for whether tokenized private credit can achieve the same scalability and institutional adoption as tokenized government bonds.

finance.biggo.com·Sep 6, 20268.5
HINC Loopscale: Can Tokenized Credit Unlock DeFi Loans?
Credit (Private Credit)

HINC Loopscale: Can Tokenized Credit Unlock DeFi Loans?

Loopscale is a decentralized protocol designed to bridge real-world credit assets with the liquidity of the DeFi ecosystem. By utilizing a unique tokenization framework, the platform enables the conversion of private credit instruments into on-chain assets that can be utilized as collateral. This mechanism aims to solve the capital efficiency issues often found in traditional lending by allowing credit originators to access broader investor bases. The integration of these assets into decentralized finance protocols provides a new avenue for yield generation that is backed by tangible economic activity. As the RWA sector matures, Loopscale represents a growing trend of protocols attempting to standardize the lifecycle of tokenized credit. The success of such platforms is critical for the broader adoption of institutional-grade assets within permissionless blockchain environments. By facilitating this transition, Loopscale seeks to reduce the friction associated with traditional credit markets while maintaining necessary compliance and risk management standards.

mexc.com·Sep 4, 20266.5
#CryptoCornerSeason2 | Injective On Tokenisation & Transfer Agent Regulations CEO, Eric Chen To @cnbctv18news - Push underway to revamp transfer agent rules for modern digital finance - Registering as a transfer agent to support upcoming tokenised fu
Credit (Private Credit)

#CryptoCornerSeason2 | Injective On Tokenisation & Transfer Agent Regulations CEO, Eric Chen To @cnbctv18news - Push underway to revamp transfer agent rules for modern digital finance - Registering as a transfer agent to support upcoming tokenised fu

Injective CEO Eric Chen recently discussed the protocol's strategic push to modernize transfer agent regulations to better accommodate the evolving digital finance landscape. The company is actively pursuing registration as a transfer agent to provide the necessary infrastructure for upcoming tokenized funds and private credit offerings. This regulatory alignment is intended to bridge the gap between traditional financial compliance and decentralized blockchain operations. Furthermore, Injective is integrating AI agents that utilize native protocol primitives to execute transactions directly on-chain. By focusing on both regulatory compliance and advanced automation, Injective aims to facilitate institutional-grade RWA adoption. These developments highlight a broader industry trend where blockchain protocols are seeking formal recognition to support complex financial products. The integration of AI-driven transaction capabilities alongside regulated tokenization represents a significant step toward autonomous, compliant financial ecosystems.

linkedin.com·Sep 4, 20266.5
Figure completes $717 million Kiavi buy, adding $7 billion in tokenized loan volume
Credit (Private Credit)

Figure completes $717 million Kiavi buy, adding $7 billion in tokenized loan volume

Figure Technology Solutions has finalized its $717 million acquisition of Kiavi, a major U.S. lender for residential real estate investors, marking a significant expansion of tokenized private credit. The deal, which closed on September 1, involves Figure acquiring Kiavi’s technology platform while a joint venture with Sixth Street absorbs Kiavi’s existing loan balance sheet. This integration is expected to add over $7 billion in annual first-lien loan volume to Figure’s Democratized Prime platform, with monthly inflows projected to exceed $100 million. By leveraging Kiavi’s AI-driven underwriting and proprietary home-value engine, Figure aims to demonstrate that blockchain-based funding can scale beyond stablecoins and government bonds. The acquisition was primarily funded through $600 million in senior notes due in 2031. Kiavi CEO Arvind Mohan will join Figure as Chief Business Officer to oversee the platform's transition onto blockchain rails. This move represents a critical test for the fintech industry to determine if automated, on-chain lending can effectively compete with legacy financial infrastructure at institutional scale.

cryptopolitan.com·Sep 2, 20268.5
Tokenized RWA DeFi Usage May Be Closer to 20% Than 1%
Active Strategies

Tokenized RWA DeFi Usage May Be Closer to 20% Than 1%

The measurement of tokenized real-world asset (RWA) adoption in decentralized finance currently faces significant discrepancies, with estimates for 2026 ranging from under 1% to nearly 20%. This wide variance stems from inconsistent definitions of what constitutes a tokenized asset and how active DeFi usage is tracked across different platforms. While conservative estimates focus on liquid money market funds like BlackRock’s BUIDL, Circle’s USYC, and Franklin Templeton’s iBENJI, broader metrics from sources like DeFiLlama and CoinShares suggest utilization rates closer to 11.7% or even 19%. A primary challenge is the inclusion of illiquid assets like private credit, which accounts for approximately 47% of the $51 billion RWA market and does not easily integrate into continuous DeFi protocols. Furthermore, regulatory constraints such as investor whitelists and accreditation requirements often limit the velocity of these assets. Traditional DeFi metrics frequently overlook off-chain activity, such as BUIDL being used as derivatives margin or BENJI serving as off-exchange collateral. Settlement delays, ranging from T+1 to quarterly redemption schedules, remain a critical bottleneck for integrating these assets into high-speed crypto-native markets. Ultimately, the industry must shift focus from total market capitalization to metrics that prioritize collateral utility, borrowing efficiency, and the speed of position unwinding.

tokenpost.com·Sep 1, 20267.5
Stellar tokenized RWA market more than quadruples to nearly $4B
Infrastructure

Stellar tokenized RWA market more than quadruples to nearly $4B

The value of tokenized real-world assets on the Stellar blockchain has surged approximately 360% in 2026, reaching nearly $4 billion from $868.8 million at the end of the previous year. This growth is driven by a diverse range of assets, including U.S. Treasurys, private and public credit, and non-U.S. government debt. Major issuers such as Spiko, Realiz, Tradable, Franklin Templeton, and Ondo dominate the ecosystem, with Spiko alone accounting for $1.55 billion. Stellar has notably expanded its footprint in non-U.S. government debt, hosting tokenized Mexican CETES and Brazilian bonds via Etherfuse. Institutional interest remains high, evidenced by the Depository Trust & Clearing Corporation's plan to connect its tokenization service to Stellar by 2027. Furthermore, Tradable has committed to bringing up to $1 billion in private credit assets to the network to enhance compliance and lifecycle management. This rapid expansion underscores Stellar's increasing utility as a preferred infrastructure for institutional-grade financial products and global payment solutions.

tradingview.com·Aug 29, 20268.0
Morpho targets real-world assets as untapped market for lending
Credit (Private Credit)

Morpho targets real-world assets as untapped market for lending

Morpho has rapidly expanded its RWA collateral from near zero in early 2025 to approximately $400 million by mid-2026, positioning itself as a key infrastructure layer for the $200 trillion global credit market. By utilizing a modular architecture with isolated lending markets and curator-managed vaults, the protocol allows users to borrow stablecoins against tokenized assets like private credit and Treasuries without selling them. This approach mimics traditional repo trades while mitigating systemic risk, as demonstrated by the mF-ONE private credit vault which secured $190 million in deposits. The platform's growth is supported by institutional risk managers like Steakhouse Financial and Gauntlet, alongside strategic partnerships with issuers such as Ondo. To further capture institutional demand for fixed-rate products, Morpho launched the Morpho Midnight protocol on the Base network in July 2026. The protocol's recent $175 million funding round, which pushed its valuation above $2 billion, underscores the market's confidence in its RWA-focused thesis. As the broader non-stablecoin RWA market reaches a $23 billion valuation, Morpho’s ability to provide external yield sources independent of crypto-native volatility marks a significant shift in DeFi utility.

cryptobriefing.com·Aug 28, 20268.0
Neuberger Berman and Securitize Introduced HINC – TheirFirst Tokenized Fund
Credit (Private Credit)

Neuberger Berman and Securitize Introduced HINC – TheirFirst Tokenized Fund

Neuberger Berman has partnered with Securitize to launch its inaugural tokenized private credit fund, known as the Neuberger Berman Opportunistic Capital Fund (HINC). This fund is issued on the Avalanche blockchain, leveraging Securitize’s institutional-grade tokenization platform to streamline access to private credit markets. By utilizing blockchain technology, the initiative aims to reduce administrative friction and enhance operational efficiency for qualified investors. The fund focuses on providing exposure to private credit opportunities, marking a significant step for Neuberger Berman in integrating digital asset infrastructure into its traditional investment offerings. This collaboration highlights the growing trend of established asset managers adopting tokenization to modernize fund distribution and management. The move underscores the increasing institutional confidence in public blockchains for managing complex financial products. As traditional finance continues to explore decentralized rails, this launch serves as a benchmark for how legacy firms can bridge the gap between private credit and digital asset ecosystems.

cryptoninjas.net·Aug 22, 20268.0
Plume Vaults settles over $600M in real-world asset volume
Credit (Private Credit)

Plume Vaults settles over $600M in real-world asset volume

Plume Network has reached a significant milestone with its Plume Vaults product, recording over $600 million in settled real-world asset volume, with some trackers reporting up to $738.5 million. By tokenizing complex assets like private credit, collateralized loan obligations, and US Treasuries, the platform enables retail access to institutional-grade financial instruments. The protocol operates across multiple blockchains, including Ethereum, Solana, Avalanche, and BNB Chain, distinguishing itself from single-chain competitors. A notable institutional adoption occurred in June 2026 when ether.fi allocated $100 million into the nBASIS vault. With over 195,000 holders and current TVL between $150 million and $182 million, the platform demonstrates high capital velocity rather than passive liquidity. Plume Network further differentiates itself by securing Bermuda Monetary Authority licensing and SEC transfer agent approval. This growth highlights a shift in the RWA market toward yield-bearing credit products that derive value from actual cash flows rather than inflationary incentives.

cryptobriefing.com·Aug 21, 20268.0
Undercollateralized Private Credit: 5 On-Chain Pools
Credit (Private Credit)

Undercollateralized Private Credit: 5 On-Chain Pools

On-chain private credit is evolving beyond traditional overcollateralized DeFi models by shifting focus toward borrower creditworthiness and financial health. Platforms like Maple, Clearpool, Goldfinch, TrueFi, and Credix are pioneering this transition by facilitating institutional lending without requiring excessive crypto-native collateral. These protocols utilize blockchain technology to automate capital pools, investor reporting, and loan management while relying on off-chain legal agreements and professional underwriting to mitigate risk. By enabling financing for businesses with real-world operations and cash flows, these platforms offer institutional investors access to diversified credit exposure. This shift is significant because it enhances capital efficiency for borrowers while providing lenders with higher potential returns compared to standard DeFi lending. However, the model necessitates rigorous borrower screening, KYC/KYB checks, and robust risk management strategies to handle the inherent credit risks. Ultimately, the maturation of this on-chain infrastructure promises to make private credit markets more transparent and accessible for sophisticated global participants.

financefeeds.com·Aug 21, 20267.5

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