Apollo Global Management

Apollo Global Management (NYSE: APO), founded 1990, is one of the world's largest alternative asset managers. In January 2025, Apollo partnered with Securitize to launch ACRED (Apollo Diversified Credit Securitize Fund), tokenizing access to a $1.2 billion Diversified Credit Fund with a 9.02% annualized distribution rate since inception. ACRED deploys across Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana — Securitize's first Solana integration — and became Solana's first sToken-standard token. Wormhole provides cross-chain interoperability; trading runs through Securitize Markets. Coinbase Asset Management and Kraken invested early.

The underlying fund targets Corporate Direct Lending, Asset-Backed Lending, Performing Credit, Dislocated Credit, and Structured Credit across 158 portfolio companies with 1.7-year average duration (Q3 2024). Access requires accredited investor status, a $50,000 minimum, and a 2% fee. It is an interval fund with quarterly redemptions at NAV; secondary trading is available through Securitize Markets.

On Solana, Kamino Finance enables leveraged strategies through sACRED collateral via its Multiply product, with Steakhouse Financial advising on risk. Drift Institutional provides custody-grade onboarding. Total ACRED on-chain assets reached $100 million by June 2025; Solana held approximately $35 million by May 2026, ranking ACRED among Solana's top ten RWA assets.

In February 2026, Apollo agreed to acquire up to 90 million MORPHO tokens over 48 months (9% of total supply) and collaborate on Morpho lending markets. Anemoy also launched ACRDX tracking Apollo's global credit strategies. At ACRED's Solana DeFi debut in May 2025, Solana's RWA market stood at $330 million versus Ethereum's $7 billion — Apollo's institutional brand lends credibility to Solana's growing RWA sector.