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Apollo receives $50 million in support to launch tokenized credit fund

Apollo receives $50 million in support to launch tokenized credit fund

金色财经2025/09/16 19:02

Jinse Finance reported that asset management giant Apollo, together with blockchain platforms Centrifuge and Plume, has launched a new tokenized credit fund, ACRDX, which has received a $50 million investment from crypto credit company Grove. This fund brings Apollo's diversified credit investments on-chain, allowing institutional investors to participate more conveniently and transparently.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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