Equipment finance platform Trad.Fi to bring $650M in private credit onchain
Trad.Fi plans to bring up to $650 million in private credit onchain over the next 48 months, targeting the large U.S. equipment-finance market for manufacturing equipment, industrial systems, and residential solar. The $650 million is a credit pipeline, not deployed capital, and is backed by committed senior facilities and signed borrower letters of intent. Trad.Fi currently has about $85 million in signed term sheets and expects roughly $40 million to close soon. The goal is to cut credit approval from weeks or months to a single business day by moving capital, records, and workflow onto programmable rails. The platform will also launch an onchain investment pool for exposure to originated loans, though U.S. investors are excluded initially. W3 will handle tokenization and credit records across Base, Arc, and Avalanche, while legal loan documents remain offchain.
