Apollo and Securitize Announce Partnership and Launch Tokenized Access to Credit Fund on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana Networks
Apollo (NYSE: APO) and Securitize have announced a partnership to launch the Apollo Diversified Credit Securitize Fund (ACRED), a tokenized feeder fund providing access to Apollo Diversified Credit Fund. The fund will be available across multiple blockchain networks including Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana.
ACRED represents the first on-chain product offering access to Apollo Diversified Credit Fund, a diversified global credit strategy investing in corporate direct lending, asset-backed lending, and performing, dislocated and structured credit. The fund features native redemptions at daily NAV and has secured investments from notable players including Coinbase Asset Management and Kraken.
The partnership leverages Wormhole for cross-chain interoperability, enhancing liquidity and accessibility. Qualifying investors can participate exclusively through Securitize Markets, with Securitize serving as the digital transfer agent and fund administrator.
Apollo (NYSE: APO) e Securitize hanno annunciato una partnership per lanciare il Apollo Diversified Credit Securitize Fund (ACRED), un fondo feeder tokenizzato che fornisce accesso all'Apollo Diversified Credit Fund. Il fondo sarà disponibile su più reti blockchain, tra cui Aptos, Avalanche, Ethereum, Ink, Polygon e Solana.
ACRED rappresenta il primo prodotto on-chain che offre accesso all'Apollo Diversified Credit Fund, una strategia globale di credito diversificata che investe in prestiti diretti aziendali, prestiti garantiti da attività e credito performante, dislocato e strutturato. Il fondo offre riscatti nativi a NAV giornaliero e ha ottenuto investimenti da noti attori, tra cui Coinbase Asset Management e Kraken.
La partnership sfrutta Wormhole per l'interoperabilità cross-chain, migliorando la liquidità e l'accessibilità. Gli investitori qualificati possono partecipare esclusivamente tramite Securitize Markets, con Securitize che funge da agente di trasferimento digitale e amministratore del fondo.
Apollo (NYSE: APO) y Securitize han anunciado una asociación para lanzar el Apollo Diversified Credit Securitize Fund (ACRED), un fondo de alimentación tokenizado que proporciona acceso al Apollo Diversified Credit Fund. El fondo estará disponible en múltiples redes de blockchain, incluyendo Aptos, Avalanche, Ethereum, Ink, Polygon y Solana.
ACRED representa el primer producto on-chain que ofrece acceso al Apollo Diversified Credit Fund, una estrategia de crédito global diversificada que invierte en préstamos directos corporativos, préstamos respaldados por activos y crédito performante, deslocalizado y estructurado. El fondo ofrece reembolsos nativos al NAV diario y ha asegurado inversiones de jugadores notables, incluyendo Coinbase Asset Management y Kraken.
La asociación aprovecha Wormhole para la interoperabilidad entre cadenas, mejorando la liquidez y la accesibilidad. Los inversores calificados pueden participar exclusivamente a través de Securitize Markets, con Securitize actuando como agente de transferencia digital y administrador del fondo.
아폴로 (NYSE: APO)와 세큐리타이즈가 파트너십을 맺고 아폴로 다각화 신용 세큐리타이즈 펀드 (ACRED)를 출범한다고 발표했습니다. ACRED는 아폴로 다각화 신용 펀드에 접근할 수 있는 토큰화된 피더 펀드입니다. 이 펀드는 Aptos, Avalanche, Ethereum, Ink, Polygon 및 Solana를 비롯한 여러 블록체인 네트워크에서 이용 가능합니다.
ACRED는 아폴로 다각화 신용 펀드에 접근할 수 있는 최초의 온체인 제품을 대표하며, 기업 직접 대출, 자산 담보 대출 및 성과가 좋은, 불안정하고 구조화된 신용에 투자하는 글로벌 신용 전략입니다. 이 펀드는 일일 NAV에서 기본 환매를 제공하며, Coinbase 자산 관리 및 Kraken 등 유력한 플레이어로부터 투자를 확보했습니다.
이 파트너십은 Wormhole을 활용하여 크로스체인 상호 운용성을 강화하고 유동성과 접근성을 개선합니다. 자격을 갖춘 투자자는 Securitize Markets를 통해서만 참여할 수 있으며, Securitize가 디지털 전송 에이전트 및 펀드 관리자로 기능합니다.
Apollo (NYSE: APO) et Securitize ont annoncé un partenariat pour lancer le Apollo Diversified Credit Securitize Fund (ACRED), un fonds feeder tokenisé offrant un accès au Apollo Diversified Credit Fund. Le fonds sera disponible sur plusieurs réseaux blockchain, dont Aptos, Avalanche, Ethereum, Ink, Polygon et Solana.
ACRED représente le premier produit on-chain offrant un accès au Apollo Diversified Credit Fund, une stratégie de crédit global diversifiée investissant dans le prêt direct aux entreprises, le prêt garanti par des actifs et le crédit performant, disloqué et structuré. Le fonds propose des rachats natifs au NAI quotidien et a sécurisé des investissements de joueurs notables, y compris Coinbase Asset Management et Kraken.
Le partenariat exploite Wormhole pour l'interopérabilité entre chaînes, améliorant ainsi la liquidité et l'accessibilité. Les investisseurs qualifiés peuvent participer exclusivement via Securitize Markets, Securitize agissant en tant qu'agent de transfert numérique et administrateur du fonds.
Apollo (NYSE: APO) und Securitize haben eine Partnerschaft angekündigt, um den Apollo Diversified Credit Securitize Fund (ACRED) zu starten, einen tokenisierten Feederfonds, der Zugriff auf den Apollo Diversified Credit Fund ermöglicht. Der Fonds wird über mehrere Blockchain-Netzwerke, einschließlich Aptos, Avalanche, Ethereum, Ink, Polygon und Solana, verfügbar sein.
ACRED repräsentiert das erste On-Chain-Produkt, das Zugang zum Apollo Diversified Credit Fund bietet, einer diversifizierten globalen Kreditstrategie, die in Unternehmensdirektkredite, Asset-Backed Lending sowie in leistungsfähige, dislokierte und strukturierte Kredite investiert. Der Fonds bietet native Rücknahmen zum täglichen NAV und hat Investitionen von namhaften Akteuren wie Coinbase Asset Management und Kraken gesichert.
Die Partnerschaft nutzt Wormhole für die Cross-Chain-Interoperabilität und verbessert die Liquidität und Zugänglichkeit. Qualifizierte Investoren können ausschließlich über Securitize Markets teilnehmen, wobei Securitize als digitaler Transferagent und Fondsadministrator fungiert.
- First tokenized access to Apollo's Diversified Credit Fund across major blockchain networks
- Partnership with established platforms including Coinbase Asset Management and Kraken
- Daily NAV redemptions available in digital format
- Cross-chain interoperability through Wormhole integration enhancing liquidity
- access to qualifying investors only
- Exclusive distribution through Securitize Markets platform
Insights
Apollo's strategic partnership with Securitize marks a transformative moment in private markets digitization, positioning APO at the forefront of financial innovation. The launch of ACRED across six major blockchain networks demonstrates unprecedented market reach and technological sophistication in the private credit space.
The implementation of daily NAV redemptions and native digital processes represents a significant operational efficiency upgrade from traditional private market investment structures. This could substantially reduce administrative costs and improve scalability of Apollo's credit offerings. The multi-chain approach, supported by Wormhole's interoperability, creates a robust liquidity framework that could attract both traditional and crypto-native institutional capital.
Particularly noteworthy is the participation of Coinbase Asset Management and Kraken, signaling strong institutional validation. This could accelerate the adoption of tokenized private credit products and potentially create a new growth vector for Apollo's
The strategic timing of this launch aligns with growing institutional interest in real-world assets (RWA) on blockchain, particularly in fixed income and private credit. For Apollo, this initiative could:
- Expand their investor base to include tech-forward institutions and qualified individual investors
- Reduce operational friction in fund administration and transfer agency services
- Create new revenue streams through increased accessibility and potential secondary market development
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.
To learn more about ACRED, visit www.securitize.io.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2024, Apollo had approximately
About Securitize
Securitize, the leader in tokenizing real-world assets, is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR and others. Securitize, through its subsidiaries, is a SEC-registered broker-dealer, digital transfer agent, fund administrator, and operator of a SEC-regulated Alternative Trading System (ATS). For more information, please visit www.securitize.io.
Securitize Disclosures
Securities are offered through Securitize Markets, LLC, ("Securitize Markets") a registered broker-dealer and member FINRA/SIPC. Securitize Markets, LLC, and Securitize Capital, an Exempt Reporting Adviser, are not involved in Real-World Asset (RWA) tokenization, a service provided by Securitize. Assets such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal.
Securitize, Inc. (Securitize) is a
Securitize, LLC is a transfer agent registered with the
Securitize Markets also operates Securitize Markets ATS, an alternative trading system. Securitize Capital, LLC is an exempt reporting adviser filed with the State of Florida.
Additional Important Disclosure
This press release relates to Securitize Tokenized Apollo Diversified Credit Fund, Ltd., which will invest substantially all of its assets in Apollo Diversified Credit Fund. This press release is neither an offer to sell nor a solicitation to purchase any security. Investors should carefully consider the investment objectives, risks, charges and expenses of Apollo Diversified Credit Fund and ACRED. This information and other important details about Apollo Diversified Credit Fund are contained in its prospectus, which can be obtained by visiting www.apollo.com/ADCF. Please read the prospectus carefully before investing in Apollo Diversified Credit Fund or ACRED.
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