BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets

Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn. What to know : BlackRock’s $26 billion private credit fund is the latest in the sector to limit withdrawals, highlighting growing financial stress. Private credit turmoil, combined with macro shocks such as oil supply disruptions, could spark broader deleveraging, hitting crypto prices, says AMINA Bank's head of derivatives trading. Tokenized private credit products may create a direct channel for stress to reach decentralized finance markets.