Hassan Maishera
On Thursday, the Sei team announced via X that Apollo, one of the world’s leading asset managers with $840B AUM, is live on Sei. Apollo’s $1.2B Diversified Credit Fund (ACRED) launches on Sei via Securitize, the industry-leading tokenization provider behind BlackRock, KKR, and more.
ACRED is a feeder fund available to qualified investors that provides tokenized access to the Apollo Diversified Credit Fund, a diversified global credit strategy that invests across corporate direct lending, asset-backed lending, performing credit, and dislocated credit.
The integration leverages Sei's technical advantages to enable features previously unavailable in tokenized private credit markets. Securitize's platform integration with Sei will include:
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Smart contracts optimized for Sei's parallel processing capabilities
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Custom compliance modules for regulatory reporting
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Direct connectivity to institutional custody solutions
Sei is a high-speed Layer 1 blockchain tailored for the digital asset boom, from NFTs to DeFi. The blockchain intends to unlock a brand-new design space for consumer-facing applications. Its native coin, SEI is down 1.37% in the last 24 hours and is now trading at $0.2729 per coin.
