Apollo Global Management and Securitize Launch Tokenized Investment Opportunities

Apollo Global Management, one of the world’s largest financial firms, and Securitize have begun rolling out tokenized investment opportunities.

Their first venture involves providing tokenized access to the Apollo Diversified Credit Fund, which the two firms announced on Thursday. Access to the Apollo Diversified Credit Securitize Fund (ACRED) will initially be available on the Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana blockchains.

Wormhole technology will facilitate the movement of tokens across these different blockchains.

> “We want crypto DeFi to expand access to institutional-quality products,” said Apollo Partner Christine Moy on X. “With 11.7% returns in 2024, ACRED offers today’s generation of crypto-native investors a gateway to private credit markets.”

Moy emphasized that for investors building a diversified portfolio on-chain, this initiative provides a higher-yielding alternative to stablecoins and tokenized treasuries, serving as a diversification tool for volatile crypto-native yield products. It’s a key piece for a balanced, on-chain portfolio.

Securitize, backed by BlackRock—the issuer of the world’s largest spot bitcoin ETF by assets—specializes in making real-world assets (RWAs) available to both institutional and retail investors. Last year, the firm surpassed $1 billion in tokenized on-chain assets.

> “The next wave of demand for tokenized assets has emerged around fixed income, including private credit,” said Securitize co-founder and CEO Carlos Domingo in a statement.

Earlier this month, Securitize partnered with the digital asset trading firm QCP on a strategy that incorporates the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) into Securitize’s yield-generating strategies.