Golden Finance reports that asset management giant Apollo has launched a new tokenization credit fund ACRDX in collaboration with blockchain platform 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 easily and transparently.
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Apollo receives $50 million in support to launch a tokenization credit fund
Golden Finance reports that asset management giant Apollo has launched a new tokenization credit fund ACRDX in collaboration with blockchain platform 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 easily and transparently.