The post Securitize Taps Solana To Expand Tokenized RWAs Offering appeared on BitcoinEthereumNews.com.

Securitize has expanded its tokenized real-world asset (RWA) offerings by integrating with Solana as part of a new collaboration with Apollo Global Management. The partnership introduces a tokenized version of the Apollo Diversified Credit Fund (ACRED), offering on-chain access to private credit investments. Solana Powers Securitize’s New Tokenized Private Credit Offering According to a recent X post, Securitize has launched a tokenized private credit fund in partnership with Apollo Global Management. The fund, known as Apollo Diversified Credit Securitize Fund (ACRED), provides accredited investors with blockchain-based access to corporate direct lending, asset-backed finance, and structured credit. The fund, which manages over $1.2 billion in assets, will debut on multiple blockchain networks, including Solana, Ethereum, Aptos, Avalanche, Polygon, and Ink, a layer-2 blockchain developed by Kraken. This multichain blockchain expansion allows investors to access private credit markets in a digital format, increasing liquidity and efficiency. Notably, ACRED delivered an 11.7% return in 2024, surpassing the 4.5% yield on U.S. Treasuries. The fund’s daily subscription and net asset value (NAV) structure enable blockchain integration. This offers investors a stable and higher-yielding alternative to traditional and crypto-native assets. Multichain Tokenization with Solana and Wormhole Securitize integration with Solana will facilitate the tokenization of RWAs, marking the firm’s first deployment on the blockchain. The initiative allows investors to move tokenized assets across multiple networks. This ensures accessibility and interoperability. To support this cross-chain functionality, Securitize is utilizing Wormhole, a blockchain interoperability platform. This integration enables ACRED tokens to be transferred between different blockchains without friction, expanding market access for institutional and retail investors. Securitize, backed by BlackRock, has been at the forefront of top RWA tokenization, surpassing $1 billion in on-chain assets. The firm’s collaboration with Apollo further strengthens its position in the digital asset sector. Credit Market Growth Drives Blockchain Adoption Private credit…

---

Filed under: News - @ January 31, 2025 5:18 am