Apollo and Securitize launch tokenized private credit fund on major blockchains

Securitize taps Wormhole as primary interoperability solution


Secure, the Tokrock Platform on Blackrock’s backs, a real asset platform, has teamed up with Apollo Global Management, a company listed on the New York Stock Exchange, to provide private chain credit.

January 30, Apollo and secure announcement The launch of the Apollo Diversified Credit Securitize Fund, known as Acred, a food fund designed to provide private credit on the channel.

The non -negotiated and ultimate interval fund provides institutional and accredited investors with access to tokenized investment opportunities. He seeks to generate both current income and capital assessment and will be available for qualified investors through secure markets, the Division of the Safe Broker.

According to the announcement, investors will have access to a diversified credit strategy, including investments in loans to support assets and direct business loans. The fund also provides high -performance, dislodied and structured chain credits.

ACRED is structured as an undeclared and closed ending fund which aims to provide stable income and an appreciation of capital while maintaining low volatility and low correlation with wider markets.

“The next wave of assets request tokenized has appeared around fixed income titles, including private credit,” said Carlos Domingo, co-founder and chief executive to securitize.

“Apollo’s expertise in private credit makes it an ideal partner in the tokenization of this category of active world (” RWA “), unlocking wider opportunities for investors,” added the CEO of security.

Acred will initially be posted on certain blockchain networks, including Ethereum (Ethn), Solana (GROUND) and Aptos (Fit). Others are the avalanche, the polygon and the ink, the blockchain of the Kraken layer 2.

In addition, the multi-chaînes support will allow security to take advantage of the wormhole interoperability technology, allowing transparent tokens transfers on different blockchain networks.

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