ACREDSecurity Token
Apollo Diversified Credit Securitize Fund
- Value issued
- $47.1K
- 30D change
- -23.3%
- Yield · Target distribution
- 8.42%
- NAV
- 1.0847
- Management fees
- 2.15%
- Minimum
- $50K
- Redemption
- Quarterly
- Launched
- 30 Jan 2025
Field coverage 100%Primary-source or on-chain verified 67% of tracked metrics2/2 source documents analyst-verifiedLast reconciled 13 Nov 2026
Overview
What this product is
The first private-credit strategy from a top-tier alternatives sponsor to run an on-chain register. It is also the sharpest test of the category's central tension: the token trades continuously while the underlying loans settle quarterly, so the liquidity the wrapper implies is not the liquidity the assets provide.
- Underlying asset
- Diversified corporate direct lending, asset-backed and dislocated credit
- Asset class
- Private Credit
- Product structure
- Tokenized Fund
- Legal structure
- US Reg D / 3(c)(7) Fund
- Issuer jurisdiction
United States- Fund domicile
- United States (Delaware feeder)
- Base currency
- USD
- Launched
- 30 Jan 2025
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
Issuer
Who runs it
Apollo Global ManagementNew York, United States
New York, United StatesAlternatives manager whose tokenized diversified credit feeder was the first private-credit strategy from a top-tier sponsor to reach an on-chain register: the test case for whether illiquid strategies survive tokenization's liquidity expectations.
Portfolio
Composition
- Corporate direct lending58.3%
- Asset-backed credit22.6%
- Performing corporate bonds13.1%
- Cash and liquidity sleeve6.0%
On-chain history begins 13 Sept 2026 and covers 59 days of readings, with gaps on days the indexer could not read every chain.
AUM
$47.1K
Assets under management
-23.3% over 59 days held
Yield
8.42%
Yield history. Target distribution
+0.0% over 54 days held
NAV
1.0847
NAV per token
+0.0% over 59 days held
Movement
Recent daily movement
Net movement -$14.3KOver 59 daysChange -23.3%
| Direction | ||||
|---|---|---|---|---|
| 12 Nov 2026 | $47.1K | $0 | 0.0% | |
| 11 Nov 2026 | $47.1K | -$14.4K | -23.5% | |
| 10 Nov 2026 | $61.5K | $0 | 0.0% | |
| 09 Nov 2026 | $61.5K | $0 | 0.0% | |
| 08 Nov 2026 | $61.5K | $0 | 0.0% | |
| 07 Nov 2026 | $61.5K | $0 | 0.0% | |
| 06 Nov 2026 | $61.5K | $0 | 0.0% | |
| 05 Nov 2026 | $61.5K | $0 | 0.0% | |
| 04 Nov 2026 | $61.5K | $0 | 0.0% | |
| 03 Nov 2026 | $61.5K | $0 | 0.0% |
Holdings
Disclosure
Underlying portfolio
| Share | ||||
|---|---|---|---|---|
| Corporate direct lending | Private loans | 3–6 years | 58.3% | |
| Asset-backed credit | Private loans | 2–5 years | 22.6% | |
| Performing corporate bonds | Corporate bonds | 3–7 years | 13.1% | |
| Cash and liquidity sleeve | Cash & equivalents | - | 6.0% |
Exposure
What you actually own
Economic exposure is to diversified corporate direct lending, asset-backed and dislocated credit. Weighted average maturity is 1180 days, which sets how quickly the portfolio reprices as rates move.
- Private loans
- 80.9%
- Corporate bonds
- 13.1%
- Cash & equivalents
- 6.0%
Redemption
Terms
Contractual terms
- Redemption frequency
- Quarterly
- Dealing cut-off
- Quarter-end, 30 days' notice
- Settlement
- Quarterly tender at NAV, subject to a 5% quarterly cap
- Redemption fee
- 2.00%
- Secondary venues
- Securitize Markets (ATS)
- Transfer restrictions
- Allow-listed qualified purchasers only; transfers require transfer-agent approval.
These are contractual terms from the offering documents. Observed settlement performance and any discretionary accommodation by the manager are explicitly out of scope.
Assessment
Liquidity profile
Primary redemption
Quarterly · Quarterly tender at NAV, subject to a 5% quarterly cap
Off-hours exit
Constrained to Quarter-end, 30 days' notice
Secondary market
Securitize Markets (ATS)
Transferability
Allow-listed wallets only
Exit fee
2.00% on redemption
Relationship graph
Operational dependency network
Every firm and system this product relies on. Select any of them to open its profile.
Every counterparty and system this product depends on to function. Each card links to that entity's own profile: the question worth asking of each is what happens to your position if it stops working.
Open in Ecosystem Graph →Issuance & legal
Who is legally on the hook for this product.
Custody
Where the backing assets actually sit.Platform & data
The software and price sources the product runs on.Markets & settlement
Where it trades and how value moves between venues and chains.
Edges marked derived are inferred from a structured field on this product that carries its own source; they are not independent confirmation of it. Edges without that mark were sourced separately from a disclosure naming both parties.
Deployments
Registry
Networks and contracts
| Contract / asset id | |||
|---|---|---|---|
| EthereumPrimary | public l1 | 0x17418038ec…9706F27B | 45.0% |
| Solana | public l1 | FubtUcvhSCr3…76B7L3f8 | 28.2% |
| Aptos | public l1 | 0xe528f4df56…dee40a88 | 26.8% |
Counterparties
Service providers
If any of these has a problem, this product is affected.
- Administrator
- NAV Fund Administration· Chicago, United States
- Transfer agent
- Securitize· Miami, United States
- Tokenization platform
- Securitize· Miami, United States
- Oracle / attestation
- Securitize NAV attestation
Access
Classification
Who may hold this
RetailNot eligible
AccreditedNot eligible
ProfessionalNot eligible
InstitutionalEligible
- Minimum investment
- $50,000
- Allow-list required
- Yes
- Transfer restrictions
- Allow-listed qualified purchasers only; transfers require transfer-agent approval.
Geography
Where it is available
United StatesAvailable
European UnionNot available
SingaporeAvailable
United KingdomNot available
SwitzerlandNot available
Hong Kong SARNot available
United Arab EmiratesNot availableExplicit prohibitions
- −Retail investors
- −European Union
Availability is limited to the jurisdictions in the coverage boundary. Absence here means not covered, not necessarily prohibited. This is a classification of the offering documents, not legal advice.
Structure
Legal and regulatory
- Legal structure
- US Reg D / 3(c)(7) Fund
- Product structure
- Tokenized Fund
- Fund domicile
- United States (Delaware feeder)
- Issuer jurisdiction
- United States
- Transfer agent
- Securitize
The domicile of the fund and the jurisdiction of its manager are frequently different. Both are recorded separately because they drive different questions: tax and insolvency follow the domicile, supervision follows the manager.
Source documents
Offering documentation
The documents behind the figures on this page. Anything marked verified has been checked by an analyst.
On-chain activity
Daily value outstanding
Value outstanding as read from the token contracts each day, and the movement between readings. Mints and redemptions are not separable on-chain, so this is the net of both, not gross issuance.
Net movement -$14.3KOver 59 daysChange -23.3%
| Direction | ||||
|---|---|---|---|---|
| 12 Nov 2026 | $47.1K | $0 | 0.0% | |
| 11 Nov 2026 | $47.1K | -$14.4K | -23.5% | |
| 10 Nov 2026 | $61.5K | $0 | 0.0% | |
| 09 Nov 2026 | $61.5K | $0 | 0.0% | |
| 08 Nov 2026 | $61.5K | $0 | 0.0% | |
| 07 Nov 2026 | $61.5K | $0 | 0.0% | |
| 06 Nov 2026 | $61.5K | $0 | 0.0% | |
| 05 Nov 2026 | $61.5K | $0 | 0.0% | |
| 04 Nov 2026 | $61.5K | $0 | 0.0% | |
| 03 Nov 2026 | $61.5K | $0 | 0.0% | |
| 02 Nov 2026 | $61.5K | $0 | 0.0% | |
| 01 Nov 2026 | $61.5K | $0 | 0.0% | |
| 31 Oct 2026 | $61.5K | $0 | 0.0% | |
| 30 Oct 2026 | $61.5K | $0 | 0.0% | |
| 29 Oct 2026 | $61.5K | $0 | 0.0% | |
| 28 Oct 2026 | $61.5K | $0 | 0.0% | |
| 27 Oct 2026 | $61.5K | $0 | 0.0% | |
| 26 Oct 2026 | $61.5K | $0 | 0.0% | |
| 25 Oct 2026 | $61.5K | $0 | 0.0% | |
| 24 Oct 2026 | $61.5K | $0 | 0.0% | |
| 23 Oct 2026 | $61.5K | $0 | 0.0% | |
| 22 Oct 2026 | $61.5K | $0 | 0.0% | |
| 21 Oct 2026 | $61.5K | $0 | 0.0% | |
| 20 Oct 2026 | $61.5K | $0 | 0.0% | |
| 19 Oct 2026 | $61.5K | $0 | 0.0% | |
| 18 Oct 2026 | $61.5K | $0 | 0.0% | |
| 17 Oct 2026 | $61.5K | $0 | 0.0% | |
| 16 Oct 2026 | $61.5K | $0 | 0.0% | |
| 15 Oct 2026 | $61.5K | $0 | 0.0% | |
| 14 Oct 2026 | $61.5K | $98 | +0.2% | |
| 13 Oct 2026 | $61.4K | $0 | 0.0% | |
| 12 Oct 2026 | $61.4K | $0 | 0.0% | |
| 11 Oct 2026 | $61.4K | $0 | 0.0% | |
| 10 Oct 2026 | $61.4K | $0 | 0.0% | |
| 09 Oct 2026 | $61.4K | $0 | 0.0% | |
| 08 Oct 2026 | $61.4K | $0 | 0.0% | |
| 07 Oct 2026 | $61.4K | $0 | 0.0% | |
| 06 Oct 2026 | $61.4K | $0 | 0.0% | |
| 05 Oct 2026 | $61.4K | $0 | 0.0% | |
| 04 Oct 2026 | $61.4K | $0 | 0.0% | |
| 03 Oct 2026 | $61.4K | $0 | 0.0% | |
| 02 Oct 2026 | $61.4K | $0 | 0.0% | |
| 01 Oct 2026 | $61.4K | $0 | 0.0% | |
| 30 Sept 2026 | $61.4K | $0 | 0.0% | |
| 29 Sept 2026 | $61.4K | $0 | 0.0% | |
| 28 Sept 2026 | $61.4K | $0 | 0.0% | |
| 27 Sept 2026 | $61.4K | $0 | 0.0% | |
| 26 Sept 2026 | $61.4K | $0 | 0.0% | |
| 25 Sept 2026 | $61.4K | $0 | 0.0% | |
| 24 Sept 2026 | $61.4K | $0 | 0.0% | |
| 23 Sept 2026 | $61.4K | $0 | 0.0% | |
| 22 Sept 2026 | $61.4K | $0 | 0.0% | |
| 21 Sept 2026 | $61.4K | $0 | 0.0% | |
| 20 Sept 2026 | $61.4K | $0 | 0.0% | |
| 18 Sept 2026 | $61.4K | $0 | 0.0% | |
| 17 Sept 2026 | $61.4K | $0 | 0.0% | |
| 15 Sept 2026 | $61.4K | $0 | 0.0% | |
| 14 Sept 2026 | $61.4K | $0 | 0.0% | |
| 13 Sept 2026 | $61.4K | - | - |
Related intelligence
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