This fund will tokenize shares of Apollo’s Diversified Credit Fund, which holds private credit assets such as and asset-backed loans.
According to an announcement made on January 30, private equity firm Apollo Global Management has formed a partnership with Securitize to establish a tokenized private credit fund.
The Apollo Diversified Credit Securitized Fund (ACRED) will undertake the tokenization of shares pertaining to its Apollo Diversified Credit Fund.
According to a statement by Securitize, it maintains a varied portfolio of private credit assets, which encompasses direct loans to corporations as well as asset-backed loans.
According to the information available on Apollo’s website, the fund achieved an annualized return exceeding 11% over the past year and has realized a return greater than 5.5% since its inception.
Access is restricted to accredited investors. The tokenized fund will function on various blockchain networks, including Solana, Ethereum, Avalanche, Polygon, Aptos, and Ink.
Securitize, a platform specializing in the tokenization of real-world assets (RWA), has announced the inaugural launch of tokenized funds on the Solana or Ink blockchain.”
This tokenization not only offers an on-chain solution for the Apollo Diversified Credit Fund but also has the potential to facilitate broader access to private markets,” stated Apollo partner Christine Moy, “including enhanced liquidity in the secondary market.”
In an interview, Colin Butler, the global director of institutional capital at Polygon, stated that tokenized real-world assets constitute a market opportunity valued at $30 trillion on a global scale.
The adoption of these innovations will predominantly be propelled by a significant escalation in portfolio allocations towards alternative assets, including private credit.
Tokenization facilitates this shift by enhancing liquidity and accessibility for asset classes traditionally characterized by illiquidity, he stated.
According to Securitize, the United States private credit market has expanded from $1 trillion in 2020 to approximately $1.5 trillion in 2025, with projections indicating it may attain around $2.8 trillion by 2028.
As of January 30, data from RWA.xyz indicates that private credit constitutes the predominant share of the total value secured in tokenized real-world assets, exceeding $11 billion.
The most prominent RWA funds include the tokenized money market funds are Hashnote Short Duration Yield Coin (USDY), BlackRock USD Institutional Digital Liquidity Fund (BUIDL), and Franklin OnChain US Government Money Fund (FOBXX).
As of January 30, according to RWA.xyz, tokenized money market funds collectively hold approximately $3.4 billion.
