Key highlights:
- USDPC provides exposure to a private credit strategy targeting 8–10% annual returns through a tokenized instrument.
- Backed by Garrington Capital’s asset-backed loan portfolio, USDPC is now accessible to all VALR clients via OTC.
- VALR aims to expand its tokenized asset offering with more yield products via its upcoming VALR Invest platform.
USDPC unlocks institutional-grade private credit for retail crypto investors
VALR has introduced the USD Private Credit Token (USDPC), marking the first tokenized private credit product available on a crypto exchange in Africa. This addition offers a way for investors to gain exposure to real-world, yield-generating assets directly through the crypto platform.
USDPC is a tokenized representation of an interest in the Garrington Private Credit Strategy, which comprises a portfolio of senior secured, asset-backed loans across North America. Managed by Garrington Capital, the strategy aims for net annual returns between 8% and 10%. The token is issued by RainFin and allows stablecoin holders, institutional investors, and businesses to diversify portfolios while managing currency and market correlation risks.
Originally available to institutional clients, USDPC is now offered to all VALR users through the exchange’s over-the-counter desk. The token adds to the growing list of investment vehicles offered on the platform, with further expansion expected through the launch of the VALR Invest platform.
“We are thrilled to bring USDPC to our clients, bridging the gap between traditional finance and the crypto ecosystem. This product underscores VALR’s commitment to providing more people around the world with access to financial products that have traditionally been highly exclusive, and offering innovative investment solutions that truly empower our customers.”
—Farzam Ehsani, Co-Founder and CEO of VALR
Backed by decades of private credit expertise
The token is backed by more than $6 billion in capital deployed by Garrington Capital since 1999. The firm’s track record includes a 10.70% net annualized return over the past three years, as of June 2025. The current portfolio contains over 105 loans, 99% of which are first-position senior secured, and is diversified across five lending categories.
“This launch reflects our commitment to expanding how investors access private credit. While our strategy remains grounded in discipline, we are proud to partner with RainFin, VALR, and CAEP Partners on a structure that broadens access through technology while preserving the strength and integrity of our investment process.”
—Toreigh Stuart, Managing Director at Garrington Capital
“RainFin is proud to partner with VALR in democratising access to institutional-grade private assets through tokenisation. By fractionalising these traditionally exclusive investments, we’re not just bridging the gap between traditional finance and digital assets – we’re opening doors for investors across Africa and beyond to participate in high-quality, yield-bearing opportunities that were previously out of reach.”
—Sean Emery, CEO at RainFin
USDPC offers daily re-pricing and liquidity options ranging from 7 to 30 days, with best-efforts same-day redemptions. VALR charges a spread on trades executed through its OTC desk.
As part of its longer-term roadmap, VALR plans to introduce more tokenized investment products. The launch of USDPC underscores the company’s ongoing efforts to lead financial innovation in Africa and expand access to alternative assets through digital rails.
The bottom line
With the introduction of USDPC, VALR is signaling a broader push toward merging decentralized finance infrastructure with traditional financial products. By bringing tokenized private credit to African and global users, the platform is paving the way for a more inclusive and diversified financial ecosystem.