Guides
Tokenized Credit: The Complete Guide (2026)
What tokenized credit is, how it differs from DeFi lending, instrument types, regulation, key risks, and how issuers and investors get started.
Updated 12 min read
Topic hub
Private credit and debt tokenization guides
Loan portfolios, notes, receivables, trade finance, treasuries and tokenized credit funds. Learn the instruments, compare tokenization with securitization, then plan a portfolio launch.
8 guidesUpdated
Definition
Private credit tokenization records loans, notes, receivables or interests in a credit fund as digital tokens, so investor eligibility, transfers and interest and principal payments are administered on one permissioned record.
Start here
Learn
How the structures, markets and rules work.
Compliance & Structuring
Tokenized Notes: Structures and When to Use Them
How tokenized notes work: promissory, participation, and structured notes, legal anatomy, jurisdictions, and when to use a note over equity.
11 min read
Use Cases
Invoice and Trade Finance Tokenization Guide
How invoice tokenization works: instrument types, SPV true-sale structure, fraud controls, credit insurance, and regulation for receivables finance.
Updated 12 min read
Market Commentary
Tokenized US Treasuries: Regulated Issuance Guide
What tokenized US Treasuries are, how BUIDL and BENJI are structured, 2026 market data, regulated issuance mechanics, and integration requirements.
11 min read
Compare
Side-by-side choices between structures, platforms and jurisdictions.
Use Cases
Private Credit Tokenization: Choose the Right Layer
Compare private credit tokenization structures—fund units, SPV notes and loan interests—by rights, recourse, servicing and cash flows.
Updated 13 min read
Compliance & Structuring
Tokenization vs. Securitization for Private Credit
Tokenization vs securitization for private credit: minimum pool size, costs, timelines, ratings, and a decision framework for credit managers.
Updated 10 min read
Compliance & Structuring
Tokenized Equity vs Debt: Choosing the Instrument
Tokenized equity or debt? How governance, cash-flow obligations, tax, and exit mechanics should drive the instrument choice — with a decision table.
11 min read
Implement
Requirements, costs and step-by-step setup.
Use Cases
How to Tokenize a Loan Portfolio: Lender's Guide
Step-by-step guide for lenders to tokenize a loan portfolio: loan tape prep, structure choice, tranching, servicing integration, investor onboarding.
Updated 13 min read
Latest briefings
Source-backed news on this topic, newest first.
Market signal
Tokenization signals: DIFC status and Hong Kong rails
Three source-backed signals on DIFC token policy, digital-bond settlement and trade-data infrastructure for private-market operators.
Market signal
Private-market signals: APIs, tech credit and custody
Three current signals sharpen operating controls for trade-finance integration, private-credit underwriting and US crypto custody.
Scoping a credit workflow?
See the private credit infrastructure for investor onboarding, records, payment review and reporting, with clear operating responsibilities.