Grove deploys $50 million anchor investment to Plume on-chain to support the tokenized issuance of Apollo diversified credit fund
Source: ForesightNews
Time: 2025-09-17 22:04:05
Centrifuge and RWA-focused full-stack public chain Plume announced that it will jointly launch the Anemoy tokenized Apollo Diversified Credit Fund Segregated Portfolio (ACRDX) and have obtained a $50 million funding deployment from Grove, an institutional-level credit infrastructure agreement under the Sky ecosystem. ACRDX, as an investor channel fund, provides investors with tokenization access to Apollo diversified credit funds. The fund covers global diversified strategies such as company direct loans, asset-backed loans, high-quality credit and opportunity-based credit.