Apollo, an investment company with a global management asset of over 730 billion US dollars, launched the token -based private equity credit fund

Reprinted from panewslab
01/30/2025·3MPanews January 30 news, according to official news, Apollo, an investment company with a global management assets of over $ 730 billion, launched a tokens -based private equity credit fund and cooperated with Securities, Solana and INK blockchain exhibitions. The fund will provide investors with direct loan, asset -supported financing and structural credit, and through Apollo Diversify Credit Security Fund (ACRED) to access the multi -chain ecosystem. In the future, Ethereum, AVALANCHE and Polygon will be supported.
Apollo Diversify Credit Fund currently manages more than 1.2 billion US dollars assets, with a return rate of 11.7%in 2024, far exceeding 4.5%of US Treasury bonds. Christine Moy, the head of Apollo digital asset, said the fund's daily subscription and net asset value (NAV) computing model for the fund makes it more suitable for the chain financial market and can be used as a high of stable currency, token national bonds and currency market funds. Increase supplement.
Securities CEO Carlos Domingo pointed out that the private credit token market is still early, but its high -yield characteristics are the good supplement of government bonds, especially in the background of interest rates. APOLLO has previously participated in tokens such as the Singapore Financial Administration (MAS) tokens and other tokenized asset tests such as Project Guardian. The company plans to further explore the mortgage management of decentralized finance (DEFI), smart contract -driven and alternative asset secondary market liquidity.