Apollo secures 50 million USD to launch tokenized credit fund

Centrifuge and Plume have unveiled the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) with a 50 million USD investment from Grove, facilitating blockchain investors to engage in global credit strategies.

The ACRDX operates on-chain via Plume’s Nest Credit Vault using the nACRDX token. Chronicle will provide oracle services while Wormhole will enable cross-chain connections.

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