Apollo, a global investment firm with over $730 billion in assets under management, has launched a tokenized private credit fund and partnered with Securitize, Solana and Ink blockchains. The fund will provide investors with on-chain corporate direct loans, asset-backed financing and structured credit, and access to the multi-chain ecosystem through the Apollo Diversified Credit Securitize Fund (ACRED). In the future, it will also support Ethereum, Aptos, Avalanche and Polygon.
State Street is a global custodian bank with $44.30 trillion of assets under management. In response to the more relaxed regulatory environments in the United States, State Street chose cryptocurrency custodian and tokenization company Taurus to provide digital assets.
Tezos has announced that non-custodial crypto cards based on its brand will be available on Etherlink, an Ethereum-compatible 2-layer blockchain powered by Tezos Smart Rollups technology. It is reported that Matercard and Baanx have also partnered with DeFi company 1Inch to launch a debit card, and are working with MetaMask to develop a debit card. Matercard and Baanx are launching MetaMask debit cards, while DeFi company 1Inch is also operating similar debit cards. Baanx has been in a partnersh...