The tokenized private credit market has quietly emerged as one of the fastest growing sectors in real-world assets (RWA), with over $13.3 billion in assets under management.
Once in the realm of the institution, private credit is now driven by figures and tradeable platforms, attracting support from heavyweights such as Apollo, BlackRock and Franklin Templeton.
When asset managers compete to bring the traditionally non-current debt market to the blockchain rail, tokenization is reshaping the way credit is accessing, managing and trading, forming a new gateway to private $3 trillion credit space for both retail and institutional investors.
Can be traded with figures
The companies invested by Morgan Creek Capital, Apollo and Ribbit Capital have assets of over $12 billion. We also operate the Home Equity of Credit (HELOC) market, which helps clients rent out their homes.
Tradable is the second largest player in the private credit industry to be tokenized. It boasts over $1.8 billion in chain assets. Backed by Parafi, Matter Labs, and Victory Park Capital, Tradable helps asset managers tokenize assets.
Tradable also helps individuals join the private credit industry, which has long been reserved by the institution. Other top players in the tokenized private credit industry are Maple (syrup), Agreement, Mercado Bitcoin, and Centrifuge (CFG).
Large companies in the private equity industry are interested in the tokenized private credit sector. With more than $641 billion in private credit assets, Apollo Global already launched the Apollo Diversified Credit Securitize Fund or Acred in January.
Similarly, companies like Vaneck, Franklin Templeton and BlackRock all launched tokenized assets. BlackRock’s Buidl exceeded more than $3 billion in assets, while Franklin Templeton’s FOBXX fund has more than $706 million in assets.
The private credit industry is growing
The private credit industry is one of the fastest growing sectors of finance. The Alternative Investment Management Association report estimated that the market has exceeded $3 trillion in assets. This continues to grow.
The sector is growing primarily in the US, with many companies relying on private credit specialists to raise funds. These companies are looking to diversify their borrowing from banks.
Some of the largest banks have since launched private credit funds. Goldman Sachs has created Capital Solutions Group, a business that offers direct lending solutions. More recently, State Street has partnered with Apolo to launch a new private credit solution.
Tokenized private credit is one of the fastest growing regions in the RWA industry, collectively holding $231.1 billion in assets. Over 113,350 investors hold RWA assets.
Other top areas in the RWA industry are stubcoin, US Treasury Department, commodities and institutional funding. Tokenized stocks could be the next big thing after Kraken tokenized more than 50 shares in May.
