HashKey Exchange Introduces Private Credit Tokenized Product ACRED

HashKey Exchange has launched its first private credit tokenized product, ACRED (Securitize Tokenized Apollo Diversified Credit Fund), on its Wealth Management channel. The product is a tokenized feeder fund that allocates the majority of its assets to the underlying Apollo Diversified Credit Fund.

ACRED allows eligible professional investors to subscribe using USDC, with subscription applications accepted daily. However, redemptions are processed through the issuer's quarterly repurchase programme, subject to a 5% quarterly limit.

This launch marks HashKey Exchange's first introduction of products linked to alternative credit assets and further diversifies the product categories on its Wealth Management channel.