Apollo Global Management’s tokenized private credit fund, managed by Apollo and Securitize, has reached a $100 million in on-chain assets, highlighting the growing acceptance of blockchain technology in traditional finance. The fund targets key investment areas such as Corporate Direct Lending, Asset-Backed Lending, Performing Credit, Dislocated Credit, and Structured Credit. The $100 million milestone aligns with industry projections, which estimate the global tokenization market will grow from $2.3 billion in 2021 to $5.6 billion by 2026. Securitize’s technology enables the fund to operate across multiple blockchains, enhancing accessibility for institutional investors. The partnership builds on a growing collaboration between traditional finance and digital asset firms, and Securitize’s platform streamlines private market efficiency, offering improved transparency and potentially lower interest rates. However, challenges remain, such as the decentralized nature of blockchain platforms.