September 16, 2025 - Centrifuge, a leading RWA (real-world asset) tokenization platform, and Plume, the world's first full-stack public chain dedicated to RWA, announced the joint launch of Anemoy's tokenized Apollo Diversified Credit Fund Segregated Portfolio (ACRDX), and obtained US$50 million in funding deployment from Grove, an institutional-grade credit infrastructure protocol under the Sky ecosystem.

ACRDX will serve as a feeder fund, providing tokenized access to the Apollo Diversified Credit Fund. The fund covers a diverse range of global strategies, including direct corporate lending, asset-backed lending, prime credit, and opportunistic credit. This issuance not only expands the application of tokenized assets but also demonstrates the strong demand among institutional investors for blockchain-native investment products.

On Nest Credit, Plume's institutional-grade yield protocol, investors can now access tokenized assets, nACRDX, through the Treasury platform. This design significantly lowers barriers to entry, improves transparency, and provides more efficient access for global investors, at a critical time when demand for high-quality, diversified private credit strategies is growing.

By combining Apollo's global credit expertise, Centrifuge's tokenized infrastructure, and Plume's on-chain financial infrastructure built specifically for RWAs, ACRDX brings diversified credit strategies to the chain and delivers compliant, institutional-grade tokenized investment products to the market.

Christine Moy, Partner and Head of Digital Assets, Data and AI Strategy at Apollo, said:

“Apollo is committed to driving tokenized access to institutional-grade credit strategies and meeting global investor demand for innovative yield products. We are delighted to welcome Grove as an anchor investor on Plume and to work with Centrifuge and the Sky ecosystem to build an on-chain DeFi economy.”

The fund also incorporates Chronicle as an oracle service provider, providing secure and reliable on-chain data, and integrates Wormhole for cross-chain interoperability. Following regulatory approval, Anemoy will serve as the fund administrator, further demonstrating the project's commitment to professional governance and compliance oversight.

Comments from various executives:

• Chris Yin, CEO and co-founder of Plume:
• “The launch of ACRDX on Plume is a significant milestone for on-chain capital markets, validating our position as the core infrastructure for real-world asset finance (RWAfi). Our collaborations with Apollo, Centrifuge, and Grove underscore the power of the ecosystem and the institutional demand for a diversified on-chain credit market.”
• Centrifuge CEO Bhaji Illuminati:
• “Partnering with Apollo to bring ACRDX to Plume is a natural extension of our existing partnerships with Plume and Grove. Centrifuge is responsible for tokenization and fund management, Plume provides the RWA optimized on-chain environment, and Grove is the capital highway that unlocks diversified credit on-chain.”
• Sam Paderewski, co-founder of Grove Labs:
• “We are pleased to support ACRDX with a $50 million anchor investment. Private credit is one of the most important asset classes on-chain that has yet to be tokenized at scale. As investors seek yield and diversification, ACRDX not only provides on-chain access to the global credit market, but also validates our mission to make institutional-grade credit a core pillar of the blockchain economy.”

About Plume

Plume is the first decentralized, full-stack blockchain purpose-built for real-world asset finance (RWAfi), with native DeFi integration. With over 200 projects and the largest active wallet user base in the RWA space, Plume is shaping the next generation of infrastructure and policy frameworks for on-chain capital markets. For more information, visit plume.org or contact press@plumenetwork.xyz.

About Grove

Grove is an institutional-grade credit infrastructure DeFi protocol serving as a liquidity engine for decentralized finance. As a core Star within the Sky ecosystem, Grove provides institutional-grade yield access to protocols, crypto-native institutions, and individual users. For more information, visit grove.finance.

About Grove Labs

Grove Labs, a subsidiary of Steakhouse Financial, is focused on developing the next generation of decentralized credit infrastructure. The team has facilitated over $5 billion in on-chain capital allocation and is committed to driving the deep integration of TradFi and DeFi.