Apollo launches tokenized credit fund
Sep 17, 2025 06:30:52
ChainCatcher news, asset management giant Apollo has launched a new tokenized credit fund ACRDX in collaboration with blockchain platforms Centrifuge and Plume, receiving a $50 million investment from crypto lending company Grove.
The fund moves Apollo's diversified credit investments on-chain, allowing institutional investors to participate more conveniently and transparently.
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