Plume participates in launching a tokenized credit fund, expanding the application of physical assets on the blockchain.
Asset management giant Apollo collaborates with platforms like Plume to launch the tokenized credit fund ACRDX, receiving $50 million in investment support. This fund brings Apollo's diversified credit investments onto the blockchain, providing institutional investors with a more convenient and transparent participation channel. This collaboration not only showcases Plume's technological strength in the field of physical asset tokenization but also opens up new business growth opportunities.