Tokenized private credit breaks the $13 billion barrier

The tokenized private credit market is becoming one of the fastest sectors of active world (Rwa), with more than $ 13.3 billion in assets under management.

Once the field of institutions, private credit is now moving home, motivated by platforms such as figure and negotiations, and attracting the support of heavyweights like Apollo, Blackrock and Franklin Templeton.

While asset managers rush to provide traditionally illiquid debt markets on blockchain rails, tokenization reshapes the way the credit is accessible, managed and exchanged – offering both retail and institutional investors a new gateway in the private credit world of $ 3 billion.

Figure and negotiable

Figure, a company that has received investments from Morgan Creek Capital, Apollo and Ribbit Capital, has more than $ 12 billion in assets. It also manages a market for the equity credit line (Heloc) and helps customers to borrow against their homes.

Trawardable is the second largest player in the Tokenized Private Credit Industry. It has more than $ 1.8 billion in chain assets. Supported by Parafi, Matter Labs and Victory Park Capital, a transpable helps asset managers to tokenize their assets.

Trawards also helps individuals participate in the private credit industry which has long been reserved for institutions. The other best players in the Tokenized Private Credit Industry are Maple (SYRUP),, Pact, Bitcoin Mercado, and Centrifuge (CFG).

Large companies in the investment capital sector are interested in the Tokenized Private Credit sector. Apollo Global, which has more than $ 641 billion in private assets, has already Launched the Apollo diversified credit security fund Or acré in January.

Likewise, companies like Vaneck, Franklin Templeton and Blackrock have all launched token workers. BUIDL DE BLACKROCK has achieved more than $ 3 billion in active ingredients, while Franklin Templeton’s FOBXX Fund has on $ 706 million in assets.

The private credit industry increases

The private credit industry is one of the fastest growth areas in finance. A report By the alternative Investment Management Association estimated that the market has crossed the assets of 3 dollars, a figure that continues to grow.

The sector has grown mainly in the United States where many companies have turned to private credit specialists for funding. These companies seek to diversify their borrowing from banks.

Subsequently, some of the largest banks launched their private credit funds. Goldman Sachs created Capital Solutions Group, a company that will provide direct loan solutions. More recently, State Street has teamed up with Apolo to launch a new private credit solution.

Tokenized private credit is one of the fastest growth areas in the RWA industry, which collectively holds $ 23.10 billion in assets. More than 113,350 investors hold RWA assets.

The other main areas of RWA industry are stablescoins, American treasury bills, basic products and institutional funds. Tokenized stocks could be the next great thing after Kraken tokenized on 50 actions in May.