VALR Introduces USD Private Credit Token (USDPC), Pioneering Tokenised Real-World Assets in Africa

Business Insider

23-07-2025

Johannesburg, South Africa, July 23rd, 2025, Chainwire
VALR, Africa's largest crypto exchange by trade volume, announces the launch of the Garrington Capital USD Private Credit Token (USDPC) on its platform, marking a significant milestone in the integration of crypto and traditional finance. As the only crypto exchange in Africa to offer this innovative product, VALR is at the forefront of the global rise in tokenised real-world assets, delivering institutional-grade investment opportunities to its global user base.
USDPC, a yield-bearing crypto asset, now available to all VALR clients, represents a tokenised interest in the Garrington Private Credit Strategy (the 'Strategy'), managed by Garrington Capital. The Strategy invests in a diversified portfolio of senior secured, asset-backed private loans across North America, targeting annual returns of 8-10%. The token, issued by RainFin, offers stablecoin holders, asset managers, and businesses a unique opportunity to diversify portfolios, protect against currency risk, and access consistent, risk-adjusted returns with low correlation to traditional markets.
Initially offered to VALR's institutional clients, USDPC is now accessible to all customers through VALR's over-the-counter (OTC) desk. With a focus on enhancing user experience, VALR is developing its forthcoming VALR Invest platform, which will streamline subscription and redemption processes for USDPC and introduce additional innovative financial products in the near future.
'We are thrilled to bring USDPC to our clients, bridging the gap between traditional finance and the crypto ecosystem,' said Farzam Ehsani, Co-Founder and CEO of VALR. '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.'
USDPC is backed by Garrington Capital's proven expertise, with over $6 billion deployed across North America since its inception in 1999. The Strategy, as accessed through USDPC, has a strong 10-year track record, having delivered a net annualised 3-year return of 10.70% (as of June 2025). The Strategy prioritises capital preservation with the current portfolio having over 105 asset-backed loans, 99% of which are first position senior secured loans. The underlying portfolio of loans is diversified across five lending categories managed by the experienced Garrington Capital team.
'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,' said Toreigh Stuart, Managing Director at Garrington Capital.
RainFin, VALR's tokenisation partner, plays a pivotal role in bringing USDPC to market, leveraging its expertise in fractionalising and tokenising debt instruments.
'RainFin is proud to partner with VALR in democratising access to institutional-grade private assets through tokenisation,' said Sean Emery, CEO at RainFin. '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.'
USDPC offers enhanced liquidity with daily re-pricing and redemption options of 7-30 days, alongside same-day liquidity on a best-efforts basis. VALR charges a competitive spread for accessing USDPC through its OTC desk.
As part of VALR's broader vision to expand its VALR Invest offering, USDPC represents the first of many yield-bearing products designed to meet the growing demand for tokenised real-world assets. This launch reinforces VALR's position as a leader in Africa's crypto ecosystem, driving financial innovation and inclusion.
About VALR
Founded in 2018, VALR is Africa's largest cryptocurrency exchange by trade volume, serving over 1.4 million users and 1,400 corporate and institutional clients globally. Headquartered in Johannesburg, VALR is a fully licensed Virtual Asset Service Provider by South Africa's Financial Sector Conduct Authority (FSCA), with regulatory approvals in Europe and initial approval from Dubai's VARA. VALR offers a comprehensive suite of crypto products, including Spot Trading, Futures, Staking, Lending, OTC Trading, and VALR Pay. Backed by investors such as Pantera Capital, Coinbase Ventures, GSR, and F-Prime, VALR has raised $55 million in equity funding.
About Garrington Capital
Garrington Capital is a specialist private credit manager with over 25 years of experience providing working capital solutions to small and medium-sized businesses across North America. With more than $6 billion deployed since inception, Garrington's investment strategy focuses on senior secured, asset-backed loans, delivering consistent, risk-adjusted returns with low volatility.
About RainFin
RainFin is pioneering the future of finance by bringing real-world assets onto blockchain rails. Headquartered in Cape Town, South Africa, RainFin is a fully licensed Authorised Financial Services Provider (FSP45756), delivering legally enforceable tokenised investment products with regulatory confidence. The platform democratises access to traditionally exclusive financial markets through fractionalising and tokenising financial instruments, enabling efficient global markets with 24/7 liquidity and reduced settlement costs.
Stay Connected
For more information about VALR, visit www.valr.com or contact [e-mail]
Cautionary Note Regarding Forward-Looking Information and Statements and, Crypto Assets
This news release may contain "forward-looking information". Forward-looking information contained in this press release may be identified by the use of words such as, "may", "would", "could", "will", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook" and other similar expressions, and includes statements with respect to past performance and targeted returns of the USDPC. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors relevant in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment. All historical figures cited in this news release, including amounts deployed by Garrington Capital, the Strategy's net annualised 3-year return, and figures relating to the Strategy's current portfolio composition are through to and as at June 30, 2025. Returns of the Strategy are the composite net annualised returns of the core vehicles and portfolios managed by Garrington Capital since inception on 1 June 2015, stated net of all fees.
Although VALR believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because VALR can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the forward-looking information.
The statements in this press release are made as of the date of this release.VALR disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
This investment opportunity is brought to you through the distribution partnership between VALR and RainFin. VALR is not the issuer of USDPC and VALR's role is strictly limited to that of facilitation on its platform. USDPC tokens represent capital contributions to the Garrington Private Credit en Commandite Limited Partnership. Past performance is not an indicator of future performance. Investment involves risk. Performance and liquidity are not guaranteed by VALR. Please read all relevant documentation before investing.
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate - please refer to our comprehensive set of risk disclosures here. VALR makes no guarantee as to the performance of this product nor any returns being provided. Past performance is not an indicator of future performance, and investment involves risk. Please read all relevant documentation before investing. Any information provided by VALR in relation to this token offering is for informational purposes only and should not be construed as investment, financial, tax, or legal advice. You are solely responsible for your investment decisions. VALR is not liable for any losses arising from the volatility, illiquidity, technological failures, or other risks inherent in virtual assets and this specific token.
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