PC0016245, issued onchain by Tradable Corp., is a tokenized private credit fund interest that represents a fractional ownership stake in North America Capital-as-a-Service Senior Secured Term Notes, an institutional-grade credit strategy listed on the Tradable syndication platform [S1][S2].

Each token tracks the underlying credit position North America Capital-as-a-Service Senior Secured Term Notes (PC0016245), originated and managed by a third-party institutional asset manager [S1][S2]. Tokenholders earn pro-rata interest distributions paid in USDC stablecoin based on ownership percentage and duration, and receive principal repayments in USDC with tokens burned proportionally as principal is repaid [S1]. Tradable charges Service Fees on consummated transactions and Technology Fees for enhanced features [S1].

Tradable Corp. is a Delaware corporation based in Chicago, Illinois that operates the tokenization platform but is not a registered investment adviser or broker-dealer and holds no customer funds or securities [S1][S3][S4]. The token represents an ownership stake confirmed by a subscription agreement, with the underlying capital custodied by the Originator's qualified custodian [S1]. Users must pass KYC, KYB, AML, and accreditation screening via Quadrata, and onchain transfers require OFAC clearance at mint [S1]. Investors submit redemption requests that the Originator approves, after which tokens are locked and exchanged for USDC liquidity [S1]. No activity is insured by the FDIC or SIPC [S1].

Deal tokens follow the ERC-20 standard with embedded transfer restrictions and are issued natively on Zksyncera, an Ethereum Layer 2 [S1]. After funding is confirmed, tokens mint to verified investor wallets, while deal metadata is stored offchain on IPFS [S1]. Interest and principal distributions settle in USDC to shorten fund-movement cycles, with smart-contract reviews completed by Cantina and Spearbit [S1].

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Tradable

North America Capital-as-a-Service Senior Secured Term Notes (PC0016245) is a tokenized fund share issued by Tradable.

Investors can subscribe and redeem in USDC after completing KYC.

PC0016245 has been issued on zkSync Era as an ERC-20 token since November 2024.

North America Capital-as-a-Service Senior Secured Term NotesPC0016245

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