Traditional finance (TradFi) has had difficulty understanding crypto so far.

From “magic internet money” to “illicit gambling and crime tool,” it hasn’t exactly gotten the best reputation.

However, Apollo and Securitize are changing that perception with their latest move to bring pirate credit on-chain. 

They've dropped what might be the most interesting thing to hit both traditional finance and crypto this year: the Apollo Diversified Credit Securitize Fund (ACRED). 

Think of it as your all-access pass to Apollo's private credit deals but on Web3 rails for efficiency and access.

Breaking Down the Big Deal

The deal is unique because they went all in instead of just choosing between Ethereum or Solana. 

The fund lives on six different blockchains – Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana. 

And thanks to Wormhole's cross-chain magic, you can move your tokens between chains without breaking the bank or losing your mind.

But the most important part of the deal is what you get when you participate in the new deal flow.

When you invest, you’re getting a slice of Apollo's global credit strategy. 

This includes corporate lending, asset-backed deals, and the kind of structured credit plays that usually only the big boys get to touch.

The Good Stuff Nobody's Talking About

The real kicker is that you can cash out at the daily NAV (Net Asset Value) whenever you want.

That’s a lot more efficient than existing private credit deal flow, which can take days, weeks, or months to liquidate, depending on the deal structure. 

So with this, there’s no more waiting for monthly redemption windows or dealing with lengthy lockups. 

And it’s all digital, which means less paperwork and more actual investing.

Big names are also already lining up to get their foot in the door – Coinbase Asset Management and Kraken have both put up capital to get a slice of the pie. 

When some of the biggest names in crypto start backing a traditional finance product, you know that bridges between Web3 and TradFi are finally able to hold some weight.

Why The Players Make The Game

Christine Moy from Apollo understands why this is huge. 

She's betting that crypto-native investors are hungry for something more substantial than just another meme coin or DeFi yield farm. 

ACRED could be that sweet spot between crypto innovation and institutional-grade returns, letting folks plug into vetted opportunities that have real-world backing. 

This also sets the table for what comes next. 

Apollo and Securitize are essentially building a bridge between Wall Street and Web3, and they're doing it in a way that actually makes sense for both sides.

A New Chapter For Old Finance

This could be the start of something massive for bringing TradFi on-chain.

Traditional assets are now getting tokenized.

We’re on the cusp of a whole new world where TradFi assets and DeFi tech work seamlessly together. 

And thankfully, the real winners in this merger could be the investors who get access to deals they never could before.

So whether you're a crypto native looking to diversify or a traditional investor curious about blockchain, ACRED is bringing you closer than ever to the other side.

And it might just be a glimpse into the future.