NEW YORK and MIAMI, Jan. 30, 2025 /PRNewswire/ — Securitize, Inc. (“Securitize”), the chief in tokenizing real-world property, right this moment introduced a partnership with Apollo (NYSE: APO) to tokenize funding alternatives, starting with the launch of a brand new feeder fund, Apollo Diversified Credit Securitize Fund (“ACRED”). ACRED presents tokenized entry to Apollo Diversified Credit Fund, a diversified world credit score technique investing throughout company direct lending, asset-backed lending, and performing, dislocated and structured credit score.
ACRED is initially accessible on the Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana networks, contains Ethereum ecosystem help from Etherealize, and funding from Coinbase Asset Administration and Kraken, amongst others. The launch of ACRED marks the primary time that buyers can entry Apollo Diversified Credit Fund via an on-chain product, simplifying the operational course of in an all-digital format via Securitize, together with native redemptions at a day by day web asset worth (“NAV”).
With the launch of ACRED throughout a number of chains, Securitize will leverage its official interoperability accomplice, Wormhole, to allow tokens to transfer seamlessly throughout completely different blockchain ecosystems, enhancing liquidity and accessibility.
Qualifying buyers looking for to take part in ACRED can achieve this solely by way of Securitize Markets, LLC (“Securitize Markets”), the broker-dealer subsidiary of Securitize. Securitize additionally serves as ACRED’s digital switch agent and fund administrator.
“This partnership and launch with Securitize is an thrilling milestone in our journey to make personal markets extra accessible and environment friendly, together with Apollo Diversified Credit Fund which presents diversified publicity to a spread of company and asset-backed credit score,” stated Earl Hunt, Apollo Companion and President of Apollo Diversified Credit Fund.
Apollo Companion Christine Moy added, “This tokenization not solely supplies an on-chain resolution for Apollo Diversified Credit Fund, but in addition may pave the best way for broader entry to personal markets via subsequent era product innovation, larger secondary liquidity, and effectivity over time. We consider ACRED is already proving enticing to each institutional and particular person buyers, and we’re excited to work with these new digital asset ecosystems to construct the way forward for investments.”
“The subsequent wave of demand for tokenized property has emerged round mounted revenue, together with personal credit score,” stated Carlos Domingo, Co-founder and CEO of Securitize. “Apollo’s experience in personal credit score makes them a perfect accomplice in tokenizing this class of real-world property (“RWA”), unlocking broader alternatives for buyers.”
Apollo Diversified Credit Fund is a non-traded, closed-end interval fund looking for each present revenue and capital appreciation, with low volatility and low correlation to the broader markets.
To be taught extra about ACRED, go to www.securitize.io.
About Apollo
Apollo is a high-growth, world various asset supervisor. In our asset administration enterprise, we search to present our purchasers extra return at each level alongside the risk-reward spectrum from funding grade credit score to personal fairness. For greater than three a long time, our investing experience throughout our absolutely built-in platform has served the monetary return wants of our purchasers and offered companies with revolutionary capital options for progress. By means of Athene, our retirement companies enterprise, we specialise in serving to purchasers obtain monetary safety by offering a collection of retirement financial savings merchandise and appearing as a options supplier to establishments. Our affected person, inventive, and educated method to investing aligns our purchasers, companies we put money into, our staff, and the communities we affect, to increase alternative and obtain constructive outcomes. As of September 30, 2024, Apollo had roughly $733 billion of property below administration. To be taught extra, please go to www.apollo.com.
About Securitize
Securitize, the chief in tokenizing real-world property, is bringing the world on-chain via tokenized funds in partnership with top-tier asset managers, comparable to Apollo, BlackRock, Hamilton Lane, KKR and others. Securitize, via its subsidiaries, is a SEC-registered broker-dealer, digital switch agent, fund administrator, and operator of a SEC-regulated Different Buying and selling System (ATS). For extra info, please go to www.securitize.io.
Securitize Disclosures
Securities are supplied via Securitize Markets, LLC, (“Securitize Markets”) a registered broker-dealer and member FINRA/SIPC. Securitize Markets, LLC, and Securitize Capital, an Exempt Reporting Adviser, should not concerned in Actual-World Asset (RWA) tokenization, a service offered by Securitize. Belongings comparable to digital property or tokens utilizing blockchain, are speculative, contain a excessive diploma of threat, are typically illiquid, might haven’t any worth, have restricted regulatory certainty, are topic to potential market manipulation dangers and might expose buyers to lack of principal.
Securitize, Inc. (Securitize) is a Delaware company. Securitize is a expertise supplier which, along with its associates, maintains an end-to-end web-based platform utilized by issuers for issuing securities, particularly together with digital asset securities. Securitize just isn’t a registered broker-dealer.
Securitize, LLC is a switch agent registered with the U.S. Securities and Alternate Fee.
Securitize Markets additionally operates Securitize Markets ATS, another buying and selling system. Securitize Capital, LLC is an exempt reporting adviser filed with the State of Florida.
Further Essential Disclosure
This press launch relates to Securitize Tokenized Apollo Diversified Credit Fund, Ltd., which can make investments considerably all of its property in Apollo Diversified Credit Fund. This press launch is neither a proposal to promote nor a solicitation to buy any safety. Buyers ought to fastidiously contemplate the funding targets, dangers, costs and bills of Apollo Diversified Credit Fund and ACRED. This info and different essential particulars about Apollo Diversified Credit Fund are contained in its prospectus, which could be obtained by visiting www.apollo.com/ADCF. Please learn the prospectus fastidiously earlier than investing in Apollo Diversified Credit Fund or ACRED.
SOURCE Securitize
