Tradable NA Legal Receivables SSL

Tradable NA Legal Receivables SSL (PC0000081) is a tokenized real-world asset that represents on-chain exposure to a senior secured term loan made to a law firm specializing in high-value personal injury cases in North America. The notes are issued by Victory Park Capital Advisors under the North America Legal Receivables Senior Secured Loan deal and are facilitated through the Tradable.xyz platform on the ZKsync Era blockchain. The asset is designed to give participants access to private credit cash flows that have traditionally been available only through conventional institutional finance channels.

The token is issued on ZKsync Era, a layer-2 blockchain that uses zero-knowledge proof technology to provide scalable and lower-cost settlement while maintaining data privacy. Smart contracts embedded in the Tradable platform handle AML and KYC compliance checks, so that regulatory requirements are enforced programmatically before a wallet can hold or transfer tokens. Each token is priced at 1.0 USD and represents a fractional claim on the underlying loan cash flows, with the token supply reflecting the outstanding notional of that financing.

The data stored for this asset does not include a protocol fee stream, so no fee-based measures such as fee revenue, fee recipients, or protocol take-rate are available on this site. The economic return for token holders, if any, would derive from the underlying loan's interest and principal payments as structured by Victory Park Capital Advisors, but those mechanics are not captured in the figures provided here. The circulating supply stands at 57,132,381.03 tokens on a point-in-time basis, against a maximum supply of 125,000,000, meaning approximately 45.71 percent of the maximum supply is currently circulating.