Securitize, the leader in tokenizing real-world assets, announced a partnership with Apollo to tokenize investment opportunities, beginning with the launch of a new feeder fund, Apollo Diversified Credit Securitize Fund (“ACRED”). ACRED offers tokenized access to Apollo Diversified Credit Fund, a diversified global credit strategy investing across corporate direct lending, asset-backed lending, and performing, dislocated and structured credit.
ACRED is initially available on the Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana networks, includes Ethereum ecosystem support from Etherealize, and investment from Coinbase Asset Management and Kraken, amongst others. The launch of ACRED marks the first time that investors can access Apollo Diversified Credit Fund through an on-chain product, simplifying the operational process in an all-digital format through Securitize, including native redemptions at a daily net asset value (“NAV”).
With the launch of ACRED across multiple chains, Securitize will leverage its official interoperability partner, Wormhole, to enable tokens to move seamlessly across different blockchain ecosystems, enhancing liquidity and accessibility.
Qualifying investors seeking to participate in ACRED can do so exclusively via Securitize Markets, LLC (“Securitize Markets”), the broker-dealer subsidiary of Securitize. Securitize also serves as ACRED’s digital transfer agent and fund administrator.
“This partnership and launch with Securitize is an exciting milestone in our journey to make private markets more accessible and efficient, including Apollo Diversified Credit Fund which offers diversified exposure to a range of corporate and asset-backed credit,” said Earl Hunt, Apollo Partner and President of Apollo Diversified Credit Fund.
Apollo Partner Christine Moy added, “This tokenization not only provides an on-chain solution for Apollo Diversified Credit Fund, but also could pave the way for broader access to private markets through next generation product innovation, greater secondary liquidity, and efficiency over time. We believe ACRED is already proving attractive to both institutional and individual investors, and we’re excited to work with these new digital asset ecosystems to build the future of investments.”
“The next wave of demand for tokenized assets has emerged around fixed income, including private credit,” said Carlos Domingo, Co-founder and CEO of Securitize. “Apollo’s expertise in private credit makes them an ideal partner in tokenizing this category of real-world assets (“RWA”), unlocking broader opportunities for investors.”
Apollo Diversified Credit Fund is a non-traded, closed-end interval fund seeking both current income and capital appreciation, with low volatility and low correlation to the broader markets.
Source: Securitize
Securitize Brings Tokenized Real-World Assets to Ink and Solana Networks
Securitize, the largest tokenization platform in the world by assets on-chain, announced integrations with the Ink and Solana blockchains to bring tokenized real-world assets to both networks. These partnerships are highlighted by the launch of the Apollo Diversified Credit Securitize Fund (ACRED), providing tokenized access to private credit, one of the fastest-growing sectors in financial markets, on Ink and Solana, among other blockchains.
Ink, a DeFi-focused layer-2 (L2) built on the Optimism Superchain and unleashed by Kraken, delivers a high-performance platform ideal for issuing and managing tokenized assets. Solana, known for its speed, throughput, and cost-effectiveness, further enhances Securitize’s ability to tokenize RWAs at scale, making them more accessible to a global audience.
Key Expansion Highlights:
- Joining a Rapidly-Evolving DeFi Ecosystem with Ink: Built to accelerate DeFi adoption, Ink is pioneering new technologies that advance the industry standards for user experiences, decentralization, and cross-chain interoperability.
- High-Performance Trading on Solana: Solana’s parallel transaction processing and scalable architecture provide the foundation for high-speed trading and settlement, making it an ideal blockchain for the growing demand for tokenized RWAs.
Michael Sonnenshein, COO of Securitize, remarked, “Integrating with Ink and expanding onto Solana marks a significant step in our mission to make tokenized real-world assets accessible to more investors. Tokenizing private funds on public blockchains has proven to be one of the best use cases for on-chain finance and we are excited to expand Securitize’s suite of RWAs into these new ecosystems.”
Andrew Koller, Founder of Ink, said: “Ink’s focus is on breaking new ground and not settling for how things used to be. Tokenized assets are a jump forward from legacy financial market structure, enabling traditional assets to not only co-exist with the cutting-edge being built across DeFi, but enhance it. Having Securitize integrated with Ink opens the door for these asset classes to flow into the ecosystem, offering both users and developers a diverse toolkit for new financial applications and services on-chain.”
“Solana’s high-speed, low-cost infrastructure is transforming real-world asset tokenization by making it more efficient and accessible at scale”, said Nick Ducoff, Head of Institutional Growth of the Solana Foundation. “Securitize’s expansion onto Solana represents another milestone in bringing institutional-grade financial products on-chain, unlocking new opportunities for investors worldwide.”
Source: Securitize