Apollo launches tokenized credit fund

Sep 17, 2025 06:30:52

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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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