TechFlow News, January 30 — According to TheBlock, Apollo Global Management, one of the world's largest financial firms, has announced a partnership with Securitize to launch tokenized investment opportunities.
The first project is the Apollo Diversified Credit Securitize Fund (ACRED), which will be deployed across multiple blockchains including Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana, and will leverage Wormhole for cross-chain functionality.
Christine Moy, partner at Apollo, said the fund delivered an 11.7% return in 2024, offering crypto-native investors access to the private credit market.
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