RWA 代币化平台可交易将 1.7B 美元的私人信贷连接到 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.

现实世界资产 (RWA) 平台 Tradable 在 ZKsync 上对总计 17 亿美元的私人信贷进行了代币化，凸显了对机构级资产不断增长的需求。

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.

周一的公告指出，Tradable 已对近 30 个“机构级信用头寸”进行了代币化，这些头寸本质上是因其偿还债务能力而受到高度评价的债券。

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

根据 Tradable 的网站，其投资组合机会的目标收益率在 8% 至 15.5% 之间。

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 使机构能够在链上对其资产进行代币化，从而有可能为新投资者打开大门。该公司希望财富咨询服务和金融交易能够持续迁移到链上。

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 的链上技术建立在 ZKsync 之上，ZKsync 是 Matter Labs 开发的以太坊第 2 层协议。 ZKsync 是 2024 年最受期待的区块链项目之一，有望大幅改善以太坊网络性能和用户体验。

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 是几家争夺 RWA 市场份额的代币化公司之一。其他主要参与者包括 Securitize，该公司已促成了超过 10 亿美元的代币化资产。 9 月，数字资产平台 ParaFi Capital 使用 Securitize 对其 12 亿美元基金的部分进行代币化。

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，总部位于美国的国债代币化平台 Ondo Finance 已将其产品范围扩大到亚太地区的链上国债产品。

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，代币化区块链 Mantra 最近与投资集团 Damac Group 签署了一项价值 10 亿美元的协议，以在整个中东地区实现基于代币的金融。

The opportunities for tokenization

代币化的机会

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.

私人信贷的代币化被标普全球誉为 RWA 的“新数字前沿”，有助于解决私人信贷市场的“固有挑战”。

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.

该公司指出，格林威治联盟的研究表明，大多数私人信贷投资者仍然对私人信贷市场缺乏流动性、透明度和效率感到烦恼。 S&P Global 表示，代币化可以帮助打破所有三个障碍。

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.

咨询公司普华永道进一步证实了这一点，该公司表示，代币化可以让大约 1.5 万亿美元的私人信贷市场中的买家和卖家更容易匹配。

“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.

普华永道表示：“当私人信贷开始利用代币化时，贷方可以对贷款进行‘细分’，使其成为各种规模，从而增加潜在借款人的数量。”

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.”

行业研究显示，截至 2024 年 10 月，代币化 RWA 的总市场规模为 120 亿美元，在过去两年中增长了 85%。链上金融平台 Centrifuge 表示，这是“机构金融正在积极进军数字资产领域的明确信号”。