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