Securitize Taps Solana To Expand Tokenized RWAs Offering

Securitize integrates with Solana to launch a tokenized Apollo credit fund, offering on-chain access to credit across multiple blockchains.
By Ronny Mugendi
Securitize Taps Solana To Expand Tokenized RWAs Offering

Highlights

  • Apollo's $1.2B credit fund is tokenized via Securitize, debuting on Solana, Ink, Ethereum, Aptos, Avalanche, and Polygon.
  • The fund offers on-chain access to corporate lending, asset-backed finance, and structured credit.
  • Securitize integrates with Solana and Wormhole for a multichain approach.

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.

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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.

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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.

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Credit Market Growth Drives Blockchain Adoption

Private credit has seen rapid growth in recent years, with global assets under management reaching $2.1 trillion as of 2023. Additionally, the tokenization of these assets allows for increased transparency, liquidity, and efficiency.

Apollo’s move into blockchain-based private credit reflects a trend among financial institutions embracing tokenized RWAs. The partnership with Securitize positions Apollo as a leader in on-chain investment opportunities, catering to a new generation of institutional investors seeking exposure to private credit markets.

More so, Apollo has previously tested tokenized assets participating in JPMorgan’s Project Guardian. The firm will expand its offerings beyond private credit, with future developments in treasury management and decentralized finance (DeFi).

Securitize’s latest offering aligns with increasing institutional interest in blockchain-based investments. 

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Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
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