Apollo, a global investment firm with over $730 billion in assets under management, launches a tokenized private credit fund

Apollo, a global investment firm with over $730 billion in assets under management, has launched a tokenized private credit fund and partnered with Securitize, Solana and Ink blockchains. The fund will provide investors with on-chain corporate direct loans, asset-backed financing and structured credit, and access to the multi-chain ecosystem through the Apollo Diversified Credit Securitize Fund (ACRED). In the future, it will also support Ethereum, Aptos, Avalanche and Polygon.