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Trad.Fi, W3 target $650 million in onchain private credit applying AI evaluation

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Trad.Fi and W3 are working on tokenizing $650 million in private credit lending assets over the next four years. (Markus Winkler/Unsplash)

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Summary

Fi plans to deploy $650 million in private credit on the blockchain over the next four years, targeting U.S. equipment financing for sectors such as manufacturing, industrial electrical infrastructure and residential solar. Working with AI-agent developer W3, the firm aims to use artificial intelligence to assess risk, conduct due diligence and price loans so that small and mid-sized businesses can receive equipment financing in a single day instead of over months. The initiative, which begins with offchain funding from traditional private credit lenders, will add a tokenized liquidity pool for onchain equity investors. Fi, which lends money to companies buying heavy equipment, said it is working with W3, a developer of AI agents for enterprises, to deploy $650 million in private credit onchain over the next 48 months. The program targets the heavily paper-based U.S. equipment distribution sector, focusing on manufacturing systems, industrial electrical infrastructure and residential solar installations.

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