Securitize has extended its tokenized Real -World Asset (RWA) offering 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) and offers access to private credit investments on the blockchain.
The fund, which manages more than $ 1.2 billion in assets, will debut on multiple blockchain networks, including Solana, Ethereum, Aptos, Avalanche, Polygon and Ink, a low 2 -blockchain developed by Kraken. Securitize’s integration with Solana will facilitate the tokenization of RWAS, so that the first implementation of the company is marked on a blockchain. The initiative enables investors to move tokenized assets over multiple networks, guaranteeing accessibility and interoperability.
To support cross-chain functionality, Securitize Wormgat, a blockchain interoperability platform. With this integration, Acred -Tokens can be seamlessly transferred between different block chains, which extends the market access for institutional and retail investors.
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Credit : cryptonews.net
