Owning PC0000089: Exposure, Storage and Risks

PC0000089 is a tokenized-credit asset, not a general-purpose payment coin. Tradable.xyz facilitates the token on ZKsync Era, and the project describes it as giving holders on-chain exposure to cash flows from a LatAm Residential Senior Secured Term Loan. The notes are issued by Victory Park Capital Advisors. The underlying company is described as a Latin American i-buyer seeking to expand into Mexico and add a debt facility in Colombia.

That description does not by itself establish that you own property, shares in the company, or a direct claim on its assets. Your rights depend on the legal documents for the notes and token offering. Before holding PC0000089, check who can acquire it, what claims token holders have, and how cash flows or repayments are handled. Tradable does not publish those terms in the project description.

PC0000089 is issued on ZKsync Era. It is not described as the native token of ZKsync Era or another blockchain. You need to use the correct network when viewing or transferring it; sending an asset through an incompatible network can make it inaccessible.

As of 2026-07-10, reported circulating and total supply were both about 37 million tokens, with a maximum supply of 100 million. The reported price was $1 and market capitalization was about $37 million on that date. Those figures can change and do not establish that you can sell a token for $1 or redeem it at that amount. A maximum supply is also not a promise that all tokens will be issued or that the current supply will remain unchanged. Check the token details and offering terms before relying on supply figures.

To hold PC0000089 yourself, use a wallet that supports ZKsync Era and the relevant token standard. Confirm the network and the token’s official contract address through Tradable’s own channels before adding it to a wallet or accepting a transfer. A matching name or symbol alone is not proof that a token is genuine; lookalike assets can use similar labels.

Keep your wallet’s recovery phrase offline and private. Anyone who gets it may be able to control your assets, and legitimate support staff should not need it. Consider a hardware wallet if it suits your setup, and test unfamiliar wallet procedures with a small amount only when appropriate. Self-custody also means you are responsible for signing transactions correctly. If you use a third-party custodian instead, check its custody arrangements, withdrawal rules, and what happens if the provider becomes unavailable.

PC0000089 carries borrower and credit risk: the underlying company may not generate enough cash to meet its obligations, and a secured loan does not guarantee recovery if a borrower defaults. You also face issuer, legal, and servicing risks, including uncertainty about how token-holder rights would be enforced. Tokenized assets may be difficult to sell when you want to exit, even if a quoted price is available.

The project description does not publish redemption procedures, fees, investor eligibility terms, or an independent smart-contract audit. Review the actual offering and loan documents for repayment priority, collateral, transfer restrictions, and any conditions on distributions. Tradable describes AML/KYC checks through smart contracts, but you should confirm what identity checks apply to you before attempting to acquire or transfer the token. Do not treat a $1 price or the “senior secured” label as a guarantee of principal, liquidity, or returns.