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    Apollo Launches $1.2B ACRED Fund with 11.7% Return Across Six Blockchains

    Apollo Launches $1.2B ACRED Fund with 11.7% Return Across Six Blockchains

    10 postsDeFiBlockchainsCrypto

    Apollo Global Management Inc., an asset management firm with $730 billion in assets under management, has launched a tokenized private credit fund in collaboration with Securitize, a firm backed by BlackRock. The Apollo Diversified Credit Securitize Fund, known as ACRED, offers investors access to a portion of Apollo's Diversified Credit Fund, which manages over $1.2 billion in assets. The fund, which delivered an 11.7% return in 2024, is available across six blockchains: Ethereum, Solana, Ink, Aptos, Avalanche, and Polygon. This move marks the first public on-chain offering for accredited investors by Apollo and is the first integration for Securitize with the Solana and Ink blockchains. The initiative aims to provide a higher yielding complement to stablecoins, tokenized treasuries, and money market funds, while also diversifying the on-chain investment portfolio.

    Proposed Market

    Will Securitize announce another partnership with a major asset management firm in 2025?

    Will Securitize announce another partnership with a major asset management firm in 2025?

    3
    SecuritizeBlackRockACREDPolygonApolloAvalancheAptosInkSolanaEthereum

    Description

    Press releases or official announcements from Securitize

    Market Options

    Yes50%
    No50%

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