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Centrifuge, Plume Launch $50M Anemoy Tokenized Credit Fund
- Centrifuge and Plume have launched the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX), with a $50 million anchor investment from Grove.
- The fund offers exposure to Apollo's diversified global credit strategy, including corporate lending, asset-backed lending, and dislocated credit.
- ACRDX will be available on-chain under the ticker nACRDX through Plume’s Nest Credit vaults, targeting institutional investors.
- The fund aims to lower entry barriers and enhance transparency in private credit markets by tokenizing Apollo’s portfolio.
- Apollo, managing over $600 billion in assets, is integrating blockchain to expand access to institutional-grade strategies.
- The initiative involves Centrifuge's tokenization infrastructure, Plume’s blockchain, Chronicle as oracle provider, and Wormhole for cross-chain connectivity.