cryptonews.net
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 access to private credit investments on the blockchain.
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. Securitize’s integration with Solana will facilitate the tokenization of RWAs, marking the company’s first deployment on a blockchain. The initiative allows investors to move tokenized assets across multiple networks, ensuring accessibility and interoperability.
To support cross-chain functionality, Securitize leverages Wormhole, a blockchain interoperability platform. With this integration, ACRED tokens can be transferred seamlessly between different blockchains, expanding market access for institutional and retail investors.
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