Apollo’s tokenized credit fund ACRED set to launch on Solana DeFi

Kamino Finance, in partnership with Securitize and Steakhouse Financial, will bring Apollo Global's tokenized private credit fund, ACRED, to Solana’s DeFi ecosystem. The move aims to integrate real-world assets (RWAs) into on-chain strategies, with ACRED offering leveraged yield opportunities through Kamino’s Multiply product. ACRED, issued under Securitize’s regulated framework and using its sToken standard, will be the first of its kind on Solana. The launch is pending audit completion and marks a broader push to expand RWA adoption in DeFi, CoinDesk reported.