Drift Teams Up with Securitize to bring Tokenized Version of Apollo's ACRED to DeFi on Solana

Drift is excited to announce Drift Institutional, a new white-glove service dedicated to guiding institutions through the process of bringing their real-world assets (RWAs) into Solana’s fully-composable DeFi ecosystem while maximizing capital efficiency. 

As part of this launch, Drift collaborated with Securitize to design a capital-efficient institutional pool (ACRED-USDC/ACRED-USDT Pool) for Apollo’s $1B Diversified Credit Fund (ACRED). 

Securitize is bringing Apollo’s tokenized ACRED Fund to Solana, marking the first institutional DeFi product on the network. Drift is proud to support this launch by building utility for ACRED token holders through an institutional pool and leverage vault (managed by Gauntlet) — both are firsts for DeFi.

Utility for ACRED token holders on Drift 

Once the ACRED token is launched, verified ACRED token holders will be able to borrow stablecoins onchain against their ACRED fund positions via Drift Borrow/Lend, access automated vault strategies via Drift Earn, and interact with liquidity directly on Solana without compromising on compliance, transparency, or capital efficiency. 

To get started (once live):

  1. Check that you have been verified via Securitize. 
  2. Mint sACRED through Securitize. 
  3. Deposit sACRED into Drift’s ACRED-USDC/ACRED-USDT Pool on app.drift.trade/institutional 
  4. Borrow stablecoins (USDC, USDT) against your deposit to mint more sACRED and leverage loops to generate additional yield. 

The ACRED-USDC/ACRED-USDT Institutional Pool is scheduled to launch in Q2 2025. 

A New Chapter for Capital Markets

Historically, credit facility-based lending has been confined to bespoke private deals with $100M+ minimums which are inaccessible to all but the largest institutions. By bringing comparable structures onchain (such as sACRED), Drift expands access to these institutional products while enabling capital-efficient yield generation, transparent risk management, and flexible borrow strategies. 

As part of the ACRED institutional pool launch, Wormhole Foundation, Solana Foundation and Drift Foundation will be piloting Drift’s onchain structures for their private credit and treasury management strategies. 

With increased interest and improved RWA infrastructure, Drift anticipates that more institutions will follow Apollo’s lead and explore onchain markets as a compelling complement to traditional finance. 

Work With Drift Institutional 

The long-term vision for Drift Institutional is to create a seamless bridge for global institutions to bring their off-chain assets into Solana’s high-speed, low-cost ecosystem and immediately unlock native benefits like:

  • Capital efficiency through leverage and composability
  • Automated yield strategies via onchain vaults
  • Transparent risk management via isolated pool design
  • Seamless integration into decentralized markets

Drift is actively working with partners to bring new asset classes onchain, from real estate to commodities, expanding what can be traded, borrowed, and invested through DeFi. 

If you’re interested in bringing your real-world assets onchain, reach out to the Drift team at hello@drift.trade to explore how Drift Institutional can support your treasury or credit strategy.

Visit app.drift.trade/institutional to learn more.

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