Apollo’s Tokenized Credit Fund Set for Solana DeFi Debut as RWA Trend Expands

A tokenized version of a major private credit fund managed by Apollo will arrive on Solana’s SOL decentralized finance (DeFi) ecosystem, bringing traditional financial instruments closer to the fast-growing network.The launch, orchestrated by lending platform Kamino Finance with support from tokenization specialist Securitize and DeFi risk advisor Steakhouse Financial, aims to make the Apollo’s Diversified Credit Securitize Fund (ACRED) token the first of its kind to be available for on-chain borrowing and leverage on Solana. The token's debut is pending on completing an audit, Kamino said.The ACRED token, launched in January, offers exposure to Apollo’s private credit strategies and is issued under Securitize’s regulated token framework source: https://www.coindesk.com/business/2025/05/20/apollos-tokenized-credit-fund-set-for-solana-defi-debut-as-rwa-trend-expands