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Securitize Leverages Solana to Expand Tokenized RWA Offerings

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Credit : cryptonews.net

Securitize has prolonged its tokenized Actual -World Asset (RWA) providing by integrating with Solana as a part of a brand new collaboration with Apollo World Administration. The partnership introduces a tokenized model of the Apollo Diversified Credit Fund (ACRED) and presents entry to personal credit score investments on the blockchain.

The fund, which manages greater than $ 1.2 billion in property, will debut on a number of blockchain networks, together with Solana, Ethereum, Aptos, Avalanche, Polygon and Ink, a low 2 -blockchain developed by Kraken. Securitize’s integration with Solana will facilitate the tokenization of RWAS, in order that the primary implementation of the corporate is marked on a blockchain. The initiative allows buyers to maneuver tokenized property over a number of networks, guaranteeing accessibility and interoperability.

To assist cross-chain performance, Securitize Wormgat, a blockchain interoperability platform. With this integration, Acred -Tokens may be seamlessly transferred between completely different block chains, which extends the market entry for institutional and retail buyers.

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