Why Apollo Created Their Onchain Credit Fund | Christine Moy, Carlos Domingo & Tarun Chitra
Episode publishedPodcast: EmpireEmpire
Transcript preview
Preview only
I'm excited about more more traditional assets on chain, but I'm more excited about what are the experiences we can develop. In a future world, like, I could have a portfolio designed just for me, like, just to my risk profile, just to my spending profile that says every penny of my earnings is yielding up until the moment that I use it. And that is absolutely a 10 x experience compared to, like, what exists today. I think it's really interesting that we're here, you know, sort of building the foundational pieces to actually, like, what will be 10 x financial services in the future. At least t
This episode is brought to you by ZK Sync. Join the Elastic Network today at zksync.i0/empire. Thanks to ZK Sync for making today's episode possible. I wanted to take a moment to tell you about Focal by FalconX, the AI powered insights engine built for institutional crypto. By leveraging AI, Focal empowers institutional investors to streamline research, anticipate market shifts, and make sharper investment decisions. You'll hear more about Focal later in the show. Hey, guys. Jason here. Just to let you know, we have permissionless four coming up in June from the twenty fourth to the twenty six
for coming up. Really
excited to be here. Finally.
Finally. Christine, been trying to do this for years now. I'm very excited about this. I
was just waiting for this moment. Just waiting. This
is the moment. This is a big moment in time, actually. And so what we're gonna be talking about, I sent out this tweet the other day. It was about private credit is coming on chain. I got more DMs saying, like, what does that actually mean? What it like, what say more about private credit on chain. A couple days later, the three of you and some other great partners launched Acred, which is bringing credit on chain. So I thought this would be a perfect opportunity to talk about this. Christine, I think I'll pick on you to actually just give us a primer on private credit. And the reason I'll pic
Yeah. Sure. You know, private credit means many different things to different people. So I'll just start by saying that private credit is any type of lending that happens outside of the public bond markets. So we're talking about mortgages, business loans, asset backed financing. It's it's actually how companies, real estate developers, and borrowers of all types get access to capital without going through traditional banks or issuing public debt. Lending of this type of of private private credit lending, was once dominated by banks. But over the last decade and a half, especially after the fi
Let's, let's get into this product. I'm gonna read I'm on Securitize's website right now. I'm going to read the press release because it's a mouthful, and then I'm gonna need one of you guys to explain what this product actually is. So, Securitize and Gauntlet have launched a levered RWA strategy powered by Morpho using a CRED on Polygon, the tokenized version of an Apollo managed multi asset credit fund, and securitizes Estoken Vault technology. So while crypto folks might know what that is, tell me in layman's term, maybe, Carlos, I'd pass it to you. What what did you guys just launch? What
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.