Private equity company Apollo Global Management, in partnership with Securitize, has launched a tokenized private credit fund.
The Apollo Diversified Credit Securitize Fund (ACRED) will tokenize shares of its Apollo Diversified Credit Fund. The fund holds a diverse portfolio of private credit assets, including direct loans to corporations and asset-backed loans. The relevant information is contained in the Securitize statement, which is referenced by the media.
According to data posted on the Apollo website, the fund earned an annual return of more than 11% last year and more than 5.5% since inception. Access is limited to qualified investors.
The tokenized fund will operate on blockchain networks, including Solana, Ethereum, Avalanche, Polygon, Aptos and Ink. In this case, it is the first experience, when Securitize, a real-world asset (RWA) tokenization platform, launched tokenized funds on Solana or Ink.
Apollo partner Christine Moy stated that tokenization not only provides an on-chain solution for the Apollo Diversified Credit Fund, but it can also pave the way for wider access to private markets, including through greater liquidity in the secondary market.
Currently, real-world tokenized assets represent a $30 trillion market opportunity globally. This was stated by Colin Butler, Polygon’s global head of institutional capital, during a conversation with media representatives. It was also noted that the adoption will largely be driven by a dramatic increase in portfolio allocation to alternative assets such as private credit, as tokenization brings liquidity and accessibility to historically illiquid asset classes.
Securitize’s data shows that the private credit market in the United States has grown from $1 trillion in 2020 to $1.5 trillion in 2025.
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