Apollo’s Tokenized Credit Fund Charges Into Solana DeFi—Wall Street’s Latest ‘Innovation’ Is Just Copying Crypto Again
Solana’s DeFi ecosystem braces for impact as Apollo—yes, the $500B asset manager—drops a tokenized credit fund onto its rails. Because nothing says disruption like legacy finance cosplaying as revolutionaries.
Real-world assets (RWAs) are crypto’s hottest trend, but let’s be real: this is just TradFi with a blockchain wrapper. Apollo’s move proves even the old guard can’t ignore the efficiency play—even if they’ll take credit for ‘inventing’ it.
Watch for the usual suspects: institutional inflows, liquidity spikes, and Solana’s inevitable ‘ETH killer’ headlines. Just don’t expect Apollo’s suits to admit they’re late to their own party.