Victory Park Capital has launched a tokenized feeder fund that gives eligible U.S. investors blockchain-based access to a private asset-backed credit fund. The AltsABF Tokenized Feeder Fund, known as VALTS, was announced on October 15 and tokenized by Tradable on the Stellar network.
VALTS invests in the Privacore VPC Asset Backed Credit Fund, a registered closed-end interval fund that launched in January 2026, with Privacore Capital Advisors as adviser and Victory Park as sub-adviser. VALTS expects to offer quarterly liquidity and to pay monthly income distributions in stablecoin directly to investors' wallets, though neither is guaranteed. Tokens can be transferred only to other pre-approved investors, and the offering is limited to qualified purchasers.
Tradable says it has tokenized $3 billion in private credit across its platform. The announcement does not disclose VALTS assets or a minimum investment.