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Clearpool co-founder and CEO Jakob Kronbichler offered his insights on the shift toward private credit tokenization and DeFi yield growth.
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Tokenizing real-world assets (RWAs) has emerged as a transformative trend in traditional finance (TradFi) and decentralized finance (DeFi) as institutional entities increasingly adopt crypto-driven solutions.
With platforms like Tradable tokenizing $1.7 billion in private credit on ZKsync, the demand for institutional-grade assets and liquidity access is growing.
Jakob Kronbichler, co-founder and CEO of the decentralized capital markets ecosystem Clearpool, shared his insights on the shift toward RWA tokenization, private credit and DeFi yield in an interview with Cointelegraph.
“As governments and regulatory bodies are defining clearer frameworks for digital assets, institutional players will gain confidence in engaging with tokenized financial instruments,” Kronbichler said.
He added that under President Trump’s administration, more progressive regulations in the US could drive global regulatory clarity, empowering projects to scale while overcoming previous limitations.
Related: Asset tokenization can unlock financial inclusion for LATAM’s unbanked
Private credit could impact DeFi yield
Kronbichler said that Clearpool recognizes private credit as “DeFi’s next big yield opportunity” despite private credit markets traditionally being “an opaque and illiquid sector.”
“Tokenizing private credit can unlock new yield opportunities for investors who previously couldn’t access these deals and ensure everything is transparent onchain, with deposits and withdrawals all available for everyone to see,” he said.
The Clearpool CEO highlighted that traditional private credit TradFi capital is migrating onchain and said that this would be a trend he expects to increase over the coming years.
Related: Amid tokenization race, Tradable brings $1.7B private credit onchain
Implications of institutions entering RWA lending pools
In August 2024, Polygon’s global head of institutional capital, Colin Butler, noted that tokenized RWAs present a $30 trillion market opportunity, largely driven by high-net-worth individuals seeking liquidity in traditionally illiquid assets.
According to Kronbichler, this pattern continues today as institutions steadily enter RWA lending pools after Clearpool’s efforts originated over $660 million in loans.
Participants include investment funds, family offices and TradFi institutions exploring DeFi lending for higher yields supplemented by protocol token rewards, he said.
Related: Trump-era policies may fuel tokenized real-world assets surge
Tokenized treasuries become the new “risk-free” rate in crypto
Kronbichler also discussed the impact of tokenized treasuries on DeFi and the broader crypto industry, saying that they offer “a blend of safety, yield and onchain accessibility, becoming the de factor ‘risk-free’ rate for DeFi.”
He added that tokenized treasuries help anchor DeFi protocols, providing a foundation for growth while appealing to risk-averse investors. For example, Solana emerged as the third-largest blockchain by tokenized treasuries in late 2024, driven by sustained institutional interest.
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This article first appeared at Cointelegraph.com News
