Tokenized Apollo Credit Fund Makes DeFi Debut With Levered-Yield Strategy by Securitize, Gauntlet

Securitize and Gauntlet are launching a tokenized version of Apollo's credit fund in the DeFi space, aiming to integrate real-world assets into cryptocurrency. The Levered RWA Strategy will leverage Apollo's Diversified Credit Securitize Fund and run on Compound Blue, beginning on the Polygon blockchain before expanding to Ethereum and others. This DeFi-native strategy employs "looping" to optimize yield, enabling more dynamic investment strategies than traditional finance allows. The initiative exemplifies the ongoing trend of tokenization among financial institutions, promising a more accessible and efficient investment experience in the crypto ecosystem. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk