Today, Apollo’s institutional credit strategy is coming onchain on Plume, with a $50M anchor from Grove and tokenization infrastructure by Centrifuge. The new feeder fund, ACRDX, brings diversified credit exposure (direct lending, asset-backed, performing & dislocated credit) into our RWAfi ecosystem at meaningful scale.
Why this is bullish for Plume (and you) 🪶
🔹Wall Street to Onchain, at scale: Institutional credit is now flowing through Plume’s rails, exactly what RWAfi was built for.
🔹Validation of the stack: Apollo (strategy) x Centrifuge (tokenization) x Plume (RWA chain) x Grove (capital) = institutional pipeline ➡️ crypto UX.
🔹Distribution flywheel: With 200k+ RWA holders on Plume, ACRDX adds depth for builders (hedge, borrow, compose) and better real yield primitives for the network.
Where it shows up in-app
nACRDX (the Nest vault token) will appear in Nest Credit under ticker nACRDX. Availability is subject to eligibility & jurisdiction.
One-liners the Goons can share:
🗣$50M into tokenized credit on Plume. Real finance just met crypto speed.
🗣Apollo x Centrifuge x Plume x Grove - institutional credit, now composable.
🔗 Like and share our epic news today