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You are at:Home » Grove Anchors $50M in Apollo Tokenized Credit Fund Launched with Plume and Centrifuge
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Grove Anchors $50M in Apollo Tokenized Credit Fund Launched with Plume and Centrifuge

Arun ShakyawarBy Arun ShakyawarSeptember 16, 2025No Comments2 Mins Read
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Grove Anchors $50M in Apollo Tokenized Credit Fund Launched with Plume and Centrifuge
Grove Anchors $50M in Apollo Tokenized Credit Fund Launched with Plume and Centrifuge
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Centrifuge, the leading platform for tokenizing real-world assets, and Plume, the first full-stack chain purpose-built for real-world assets, announced the launch of the Anemoy Tokenized Apollo Diversified Credit Fund Segregated Portfolio (ACRDX) with a $50 million deployment from Grove, the institutional-grade credit infrastructure protocol in the Sky Ecosystem.

ACRDX will serve as a feeder fund that provides tokenized access to Apollo Diversified Credit Fund, a diversified global credit strategy investing across corporate direct lending, asset-backed lending, performing credit and dislocated credit. This launch marks another milestone in tokenized assets and reflects increasing demand from institutions for blockchain-native access to leading investment products.

nACRDX will be accessible via Nest Credit, the flagship, institutional-grade yield protocol by Plume. The Nest tokenized asset is available to institutional investors through the Nest Credit vault platform under the ticker nACRDX. The launch of nACRDX comes at a critical moment, as global investors are increasingly seeking access to high-quality, diversified strategies and new private credit market opportunities. nACRDX lowers barriers to entry, increases transparency, and offers investors faster, more efficient access.

By combining Apollo’s global credit expertise and Centrifuge’s tokenization infrastructure with Plume’s purpose built RWA rails and multichain distribution, ACRDX brings a diversified credit strategy onchain. Together, they are delivering compliant, investor-ready tokenized products at scale.

Christine Moy, Partner at Apollo and Head of Digital Assets, Data and AI Strategy, commented: “Apollo is committed to expanding tokenized access to institutional-grade credit strategies onchain, meeting global investors where they are with innovative yield products. We’re pleased to welcome Grove as an anchor investor on Plume, and to help build the onchain DeFi economy together with Centrifuge and the Sky Ecosystem.”

The launch of ACRDX reflects the convergence of institutional-grade investment management with cutting-edge blockchain infrastructure. The fund leverages Chronicle as its oracle provider to deliver secure and reliable onchain data, and integrates with Wormhole to ensure seamless cross-chain interoperability. Subject to regulatory approval, Anemoy will act as the fund’s asset manager, reinforcing the project’s commitment to professional oversight and robust governance.

By delivering a diversified credit strategy onchain at meaningful scale, ACRDX demonstrates how asset managers, blockchain platforms, infrastructure providers, and institutional investors can collaborate to unlock the full potential of tokenization. It broadens investor access, enhances transparency, and sets a new precedent for how traditional financial products can expand into crypto capital markets while maintaining the rigor and compliance standards of institutional finance.

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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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