Breaking News: Securitize partners with Apollo ($APO) to launch ACRED, a tokenized feeder fund for Apollo’s $1.2B Diversified Credit Fund. Now live on Aptos, Solana, Ethereum, Avalanche, Polygon, and Ink. Major step for RWAs!
Why Aptos? The integration marks Aptos’ entry into institutional-grade tokenized assets. As part of a multi-chain strategy, Aptos joins networks leveraging Wormhole for cross-chain interoperability, enhancing liquidity and accessibility for accredited investors.
Key Features:
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Daily NAV redemptions (11.7% returns in 2024 vs. 4.5% U.S. Treasuries)
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Exposure to corporate lending, asset-backed finance, and structured credit
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Backed by Coinbase Asset Management, Kraken Digital Asset Exchange, and others.
Tech Stack: Securitize uses Aptos and 5 other chains to deploy ACRED tokens, with Wormhole enabling seamless cross-chain transfers. This setup reduces friction for investors and sets a precedent for future multi-chain RWA projects.
Bigger Picture: Apollo’s move signals growing TradFi adoption of blockchain. Christine Moy (Apollo Partner) notes this is “just the beginning,” with plans for smart contract-driven collateral management and secondary liquidity for alt assets.
Why It Matters:
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Expands Apollo’s investor base to crypto-native institutions
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Combines TradFi yields with blockchain efficiency
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Aptos gains further credibility as a network for regulated financial products
How to Access: Accredited investors can participate exclusively via Securitize Markets. The fund’s digital structure simplifies subscriptions/redemptions, appealing to institutions seeking yield beyond stablecoins or volatile crypto assets.
Watch This Space: With BlackRock-backed Securitize leading RWA tokenization ($1B+ on-chain assets), expect more TradFi giants to follow Apollo’s lead. Aptos’ role here could drive further institutional interest in its ecosystem.
Final Take: The Aptos integration isn’t just a tech checkbox – it’s a strategic play to position the network as a hub for compliant, high-yield RWAs. ACRED’s success could redefine how private credit markets operate.
Check out this post here for some news clips from CNBC on this latest partnership: