BlackRock's private credit fund, with a scale of about $26 billion, has started limiting investor redemptions, reflecting rising liquidity pressures in the industry. Previously, Blue Owl also sold approximately $1.4 billion in loan assets to meet redemption demands. The market is concerned that if redemption pressures force private credit funds to significantly reduce positions, it could trigger broader deleveraging, impacting risk assets including Bitcoin. At the same time, as tokenized private credit products are introduced on-chain and used as DeFi collateral, the risks of traditional credit assets could also be transmitted to the crypto market through RWA products. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57704