RWA 代幣化平台可交易將 1.7B 美元的私人信貸連接到 ZKsync

Real-world asset (RWA) platform Tradable has tokenized a total of $1.7 billion in private credit on ZKsync, highlighting the increasing demand for institutional-grade assets.

現實世界資產 (RWA) 平台 Tradable 在 ZKsync 上對總計 17 億美元的私人信貸進行了代幣化，突顯了對機構級資產不斷增長的需求。

Tradable has tokenized nearly 30 “institutional grade credit positions,” which are essentially bonds that are highly rated for their ability to repay debt, the announcement noted Monday.

週一的公告指出，Tradable 已對近 30 個「機構級信用頭寸」進行了代幣化，這些頭寸本質上是因其償還債務能力而受到高度評價的債券。

According to Tradable’s website, its portfolio opportunities target yields of between 8% and 15.5%.

根據 Tradable 的網站，其投資組合機會的目標收益率在 8% 至 15.5% 之間。

Tradable enables institutions to tokenize their assets on-chain, potentially opening the door to new investors. The company is counting on the continuing migration of wealth advisory services and financial transactions on-chain.

Tradable 使機構能夠在鏈上對其資產進行代幣化，從而有可能為新投資者打開大門。該公司希望財富諮詢服務和金融交易能持續遷移到鏈上。

Tradable’s on-chain technology is built on ZKsync, an Ethereum layer-2 protocol developed by Matter Labs. ZKsync was one of the most anticipated blockchain projects of 2024, promising a vast improvement in Ethereum network performance and user experience.

Tradable 的鏈上技術建立在 ZKsync 之上，ZKsync 是 Matter Labs 開發的以太坊第 2 層協定。 ZKsync 是 2024 年最受期待的區塊鏈專案之一，預計將大幅改善以太坊網路效能和使用者體驗。

Tradable is among several tokenization firms competing for a slice of the RWA market. Other major players include Securitize, which has facilitated over $1 billion in tokenized assets. In September, digital asset platform ParaFi Capital used Securitize to tokenize part of its $1.2 billion fund.

Tradable 是幾家爭奪 RWA 市場份額的代幣化公司之一。其他主要參與者包括 Securitize，該公司已促成了超過 10 億美元的代幣化資產。 9 月，數位資產平台 ParaFi Capital 使用 Securitize 對其 12 億美元基金的部分進行代幣化。

Moreover, U.S.-based Treasury tokenization platform Ondo Finance has expanded its offerings to include on-chain treasury products in the Asia-Pacific region.

此外，總部位於美國的國債代幣化平台 Ondo Finance 已將其產品範圍擴大到亞太地區的鏈上國債產品。

Elsewhere, tokenization blockchain Mantra recently signed a $1 billion agreement with investment conglomerate Damac Group to enable token-based finance across the Middle East.

在其他地方，代幣化區塊鏈 Mantra 最近與投資集團 Damac Group 簽署了一項價值 10 億美元的協議，以在整個中東地區實現基於代幣的金融。

The opportunities for tokenization

代幣化的機會

The tokenization of private credit was hailed by S&P Global as a “new digital frontier” for RWAs by helping address the “inherent challenges” of the private credit market.

私人信貸的代幣化被標普全球譽為 RWA 的“新數位前沿”，有助於解決私人信貸市場的“固有挑戰”。

The firm pointed to research by Coalition Greenwich showing that the majority of private credit investors are still vexed by a lack of liquidity, transparency, and efficiency in the private credit market. According to S&P Global, tokenization can help break down all three barriers.

該公司指出，格林威治聯盟的研究表明，大多數私人信貸投資者仍然對私人信貸市場缺乏流動性、透明度和效率感到困擾。 S&P Global 表示，代幣化可以幫助打破所有三個障礙。

This was further corroborated by consulting firm PwC, which said tokenization can make it easier to match buyers and sellers in the roughly $1.5 trillion private credit market.

顧問公司普華永道進一步證實了這一點，該公司表示，代幣化可以讓大約 1.5 兆美元的私人信貸市場中的買家和賣家更容易匹配。

“When private credit starts utilizing tokenization, lenders can ‘fractionalize’ loans, making them into a variety of sizes, increasing the pool of potential borrowers,” said PwC.

普華永道表示：“當私人信貸開始利用代幣化時，貸方可以對貸款進行‘細分’，使其成為各種規模，從而增加潛在藉款人的數量。”

Industry research shows that the total market for tokenized RWA stood at $12 billion as of October 2024, having grown 85% over the past two years. According to on-chain finance platform Centrifuge, this is a “clear signal that institutional finance is actively moving into the digital asset space.”

產業研究顯示，截至 2024 年 10 月，代幣化 RWA 的總市場規模為 120 億美元，在過去兩年中成長了 85%。鏈上金融平台 Centrifuge 表示，這是「機構金融正積極進入數位資產領域的明確訊號」。