VALR, Africa’s leading cryptocurrency exchange by trading volume, has launched the Garrington Capital USD Private Credit Token (USDPC), making it the only exchange on the continent to offer this innovative investment product. The launch marks a major step in integrating traditional finance with the digital asset ecosystem, positioning VALR at the forefront of the global trend toward tokenized real-world assets. This move is designed to broaden access to institutional-grade private credit investments for individual and institutional clients alike.
Introducing USDPC to the Broader Market
USDPC is a yield-bearing crypto token that provides exposure to the Garrington Private Credit Strategy, managed by North America-based Garrington Capital. The strategy invests in a diversified portfolio of senior secured, asset-backed loans, with a target annual return between 8% and 10%. Initially made available to institutional investors, USDPC is now accessible to all VALR clients through the platform’s over-the-counter (OTC) desk, with further access to come via the upcoming VALR Invest platform.
Garrington Capital's Strong Track Record
Garrington Capital, which has deployed over $6 billion since 1999, brings a well-established history of disciplined credit management to the partnership. As of June 2025, the private credit strategy has achieved a net annualised 3-year return of 10.7%, demonstrating consistent performance across market cycles. The fund’s current portfolio includes over 105 loans, 99% of which are first position, senior secured, and asset-backed, providing high levels of capital preservation.
Democratising Access to Private Credit
According to VALR CEO Farzam Ehsani, the launch of USDPC underscores the company’s mission to make sophisticated financial products accessible to a broader audience. “This product bridges the gap between traditional finance and crypto,” said Ehsani. “It’s a major step toward empowering individuals and institutions with financial tools that have historically been limited to a select few.”
RainFin’s Role in Enabling Tokenisation
The USDPC token is issued by RainFin, a Cape Town-based financial services provider specializing in bringing real-world assets onto blockchain rails. RainFin plays a crucial role in tokenising private credit instruments, enabling fractional ownership and 24/7 market accessibility. CEO Sean Emery noted that this partnership allows investors across Africa and globally to participate in institutional-grade opportunities that were previously out of reach.
Investor Benefits and Platform Expansion
USDPC provides investors with key advantages, including enhanced portfolio diversification, protection from currency volatility, and access to consistent, low-correlated returns. Liquidity features include daily re-pricing and redemption periods ranging from 7 to 30 days, with best-effort same-day liquidity. VALR also charges a competitive spread for OTC access, with further improvements to come through the anticipated launch of VALR Invest.
Global Demand Driving Financial Innovation
Toreigh Stuart, Managing Director at Garrington Capital, highlighted the significance of combining traditional investment strategies with blockchain technology. “We’re proud to partner with RainFin, VALR, and CAEP Partners on a structure that expands access while maintaining investment integrity,” Stuart said. The collaboration reflects a broader trend of global financial institutions leveraging technology to deliver value and scale in private markets.
The launch of USDPC signals a pivotal moment in Africa’s financial evolution, as VALR becomes a key player in tokenising real-world assets for broader investor participation. With strong partners in Garrington Capital and RainFin, and plans to expand its product suite, VALR is charting a course toward greater financial inclusion and innovation. As digital and traditional finance converge, USDPC sets a new benchmark for how yield-bearing assets can be accessed and managed in a blockchain-powered future.