Tradable APAC Diversified Finance Provider SSTN
What this is
This asset is a tokenized representation of senior secured term notes issued by Victory Park Capital Advisors under the APAC Diversified Finance Provider deal, facilitated through the Tradable.xyz platform on the ZKsync Era blockchain. Each token gives a holder on-chain exposure to the underlying cash flows of a diversified finance provider in the Asia-Pacific region that offers consumer credit through lines of credit and buy-now-pay-later installment products. It is designed for investors seeking access to private credit markets, which have historically been difficult to enter due to high minimums, limited liquidity, and complex due diligence requirements.
The notes are tokenized on ZKsync Era, a layer-two network that uses zero-knowledge proof technology to provide scalable and lower-cost settlement while inheriting security from the Ethereum base layer. Smart contracts embedded in the platform handle anti-money-laundering and know-your-customer compliance checks, restricting token interactions to participants who have passed those checks. The token itself represents a claim on the cash flows of the underlying credit facility rather than functioning as a utility or governance token within a protocol.
The data provided does not include a fee stream for this asset, so no fee-based measures such as protocol revenue or fee yield are available on this site. The economic return to token holders, if any, would derive from the cash flows of the underlying senior secured notes rather than from protocol fees collected on-chain. The circulating supply stands at 162,500,000 tokens at a price of 1.0 USD, giving a market capitalization of 162,500,000 USD at the point-in-time of this record, and the fully diluted valuation equals that same figure, as all issued tokens are already in circulation.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.