Blockchain Firms Centrifuge and Plume Launch $50M Tokenized Apollo Credit Fund

Centrifuge and Plume, specialists in blockchain-based real-world assets (RWA), have introduced the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX). Backed by a $50 million anchor investment from Grove, a credit infrastructure protocol, the fund offers blockchain investors exposure to Apollo’s global credit strategy, spanning corporate lending, asset-backed lending, and dislocated credit.

ACRDX will be distributed through Plume’s Nest Credit vaults under the ticker nACRDX, enabling institutional investors to access the strategy on-chain. Tokenizing Apollo’s portfolio aims to reduce entry barriers and enhance transparency for private credit market exposure. Apollo, with over $600 billion in assets, is among traditional finance firms exploring blockchain technology. Christine Moy, Apollo’s digital assets head, emphasized the initiative’s role in expanding access to institutional-grade strategies and advancing the on-chain DeFi economy.