The Securitize Tokenized Apollo Diversified Credit Fund (ACRED) has been live on Loopscale for two months now, as collateral for borrow and for leverage via real-world asset (RWA) looping.ACRED is a tokenized feeder fund launched and managed by Securitize that provides investors access to the Apollo Diversified Credit Fund, a diversified global credit strategy investing across corporate direct lending, asset-backed lending, performing credit and dislocated credit.For assets like ACRED, Loopscale pairs permissionless liquidity with permissioned collateral. Through this model, any holders of USDG can lend Global Dollar USDG into the RWA Vault, while verified, accredited borrowers access fixed-rate loans against ACRED collateral.This is how we bring institutional assets onto onchain credit rails.As of now, $6.855M of ACRED is currently deposited into the ACRED / USDG Loop on Loopscale, with $6.024M USDG lent against ACRED via Loopscale’s RWA USDG Vault.
Previously, ACRED subscriptions were processed exclusively in USDC. Now, users can subscribe and deposit using USDG directly, eliminating the need for a USDC -> USDG swap and avoiding potential associated slippage and fees.By removing a swap from the looping process, there is now a material execution improvement for users opening or closing positions in size. This makes a difference with an institutional-grade asset like ACRED, where even a few basis points matter in execution.
Why Credit Matters for Tokenized Real-World Assets
Tokenization comes first. The next phase is credit.Issuers need credit infrastructure that will scale RWAs onchain. A tokenized asset sitting on-chain is only half the story; the real value is unlocked when that asset becomes functional collateral, with opportunity for leverage via looping and other structured products.Loopscale’s fixed-rate, fixed-duration loans and per-collateral pricing are key in unlocking productive use of these assets onchain.This is the future of RWAs on Solana: a shift from simple issuance to deep utility.
