Core Insights - Centrifuge and Plume have launched the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) with a $50 million anchor investment from Grove, targeting blockchain investors interested in diversified global credit strategies [1][3] - The fund aims to provide access to private credit markets by tokenizing Apollo's portfolio, thereby lowering entry barriers and increasing transparency for institutional investors [2][3] - Apollo, a major asset manager with over $600 billion in assets, is actively exploring blockchain applications to enhance access to institutional-grade strategies and contribute to the development of the on-chain DeFi economy [3] Group 1 - ACRDX is backed by a $50 million investment from Grove, a credit infrastructure protocol [1] - The fund will be distributed through Plume's Nest Credit vaults under the ticker nACRDX [2] - The initiative combines Apollo's investment management with Centrifuge's tokenization infrastructure and Plume's blockchain focus on real-world assets [4] Group 2 - The fund aims to provide exposure to various credit strategies, including direct corporate lending and asset-backed lending [1] - Chronicle will serve as the oracle provider, while Wormhole will manage cross-chain connectivity for the fund [4] - Anemoy is set to oversee the fund as manager, pending approval [4]