Monat: Januar 2025

• Securitize and Apollo have teamed up to launch a diversified credit fund.
• The Apollo Diversified Credit Securitize Fund, ACRED, goes live on Aptos, Avalanche, Ethereum, and Solana blockchains.

Tokenization platform Securitize has partnered with $730 billion alternative asset manager Apollo to bring a new tokenized credit fund on-chain.

Securitize announced on Jan. 30 that it had collaborated with the NYSE-listed Apollo to launch the Apollo Diversified Credit Securitize Fund on several major blockchains.

The fund, ACRED, will offer tokenized access to a diversified credit strategy, with support available on Solana, Ethereum, Aptos, Ink, Avalanche and Polygon networks.

BREAKING: APOLLO TOKENIZES $1.2B PRIVATE CREDIT FUND

The $730B investment giant just launched ACRED, on-chain access to their Diversified Credit Fund, across 6 chains:

Ethereum, Solana, Ink, Aptos, Avalanche, Polygon

11.7% yield in 2024, managed by one of the world’s top… pic.twitter.com/1PpIwpyQkV

— RWA.xyz (@RWA_xyz) January 30, 2025

It’s the first time the ACRED fund is available on-chain to qualified institutional investors.

“This tokenization not only provides an on-chain solution for Apollo Diversified Credit Fund, but also could pave the way for broader access to private markets through next generation product innovation, greater secondary liquidity, and efficiency over time,” Apollo partner Christine Moy said.

On-chain private credit market

To enable multichain support, Securitize is leveraging its integration with interoperability provider Wormhole.

Bringing fixed income and private credit on-chain adds to the tokenization momentum that has seen major players such as BlackRock, Franklin Templeton, Hamilton Lane and KKR among others bring funds on to the blockchain.

In a comment, Securitize co-founder & CEO Carlos Domingo noted;

“The next wave of demand for tokenized assets has emerged around fixed income, including private credit. Apollo’s expertise in private credit makes them an ideal partner in tokenizing this category of real-world assets (“RWA”), unlocking broader opportunities for investors.”

The tokenized private credit market allows investors to earn real yield from providing loans to global businesses, with the sector a $1.6 trillion market in the traditional finance ecosystem.

Currently, the tokenized private credit market accounts for about $21 billion in total on-chain loans, about $11.7 billion of which is active on various protocols.

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• Kraken has announced its on-chain staking product is now available to US clients in 37 states.
• The exchange supports 17 cryptocurrencies, including Ethereum, Solana, Polkadot, and Cardano.
• Regulatory challenges saw the exchange halt the staking feature that it initially launched in 2019.

Kraken has re-launched its staking service in the U.S., with the offering including support for 17 different digital assets.

The crypto exchange’s new staking product is initially available across 37 US states and 2 territories, according to an announcement.

Clients in supported states can now stake any of the several cryptocurrencies Kraken has added to the staking solution, including Ethereum, Solana, Polkadot and Cardano.

“Launching this new staking product in the U.S. is an overwhelmingly positive development, not just for Kraken but also for the entire U.S. crypto space,” said Mark Greenberg, Kraken’s global head of consumer. “We are excited to bring back a brand new product enabling U.S. clients to resume staking with Kraken and play a significant role in bolstering the underlying security of blockchain networks”

Relaunch follows SEC settlement

Kraken launched on-chain staking in 2019 but halted the offering amid charges from the SEC. In February 2023, the exchange settled with the SEC, a development that has led to the relaunch.

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— Kraken Pro (@krakenpro) January 30, 2025

Greenberg noted:

“Kraken serves as a bridge so people can access the crypto space and participate in an increasingly broad range of related activities from an interface and platform that they’re familiar with. Onchain staking is a key component of how we fulfill this role and we believe the resumption of staking in the U.S. today will play a significant role in the development and mass adoption of crypto.”

The exchange’s announcement comes amid fresh optimism across the crypto industry following President Donald Trump’s election and inauguration.

Many observers have lauded the pro-crypto environment taking shape in the US under the new administration, This includes Trump’s nomination of pro-crypto individuals to head the SEC and CFTC.

An executive order on crypto the president signed in his first week in office has also added to the overall sentiment that regulatory clarity and support for innovation are here.

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It remains to be the bitcoin season as seen on the CMC altcoin season index. Amid the heightened market volatility, bulls continue to ride on the optimism of a bull run in 2025 with analysts predicting that the crypto major will rally to $200,000.

However, savvy investors are increasingly looking for cheaper opportunities with AI meme coins being particularly popular. Notably, AI cryptos have gained traction in recent months; bolstering the sector’s value to almost $5 million. 

At the center of this revolution is iDEGEN; a one of a kind social experiment leveraging on fresh innovations while allowing everyday investors to get a piece of the proverbial pie. Indeed, its popularity and growth potential is largely founded on its unique take on “by the community, for the community”. 

Investors’ optimism set to bolster bitcoin price to new highs

Slightly over a week ago, BTC/USD hit a fresh all-time high before the one-week corrective pullback that saw it drop to $97,853.12. It has since reversed some of those losses; rebounding to $105,158.48 as at the time of this publication. Indeed, in the past 24 hours, it has been up by over 3%.

As seen on Binance Square, optimism over the 2025 bull run continues to shape the market activity with a greed level of 70. This positive sentiment will likely propel bitcoin price higher in the near term.

A look at its daily chart shows the crypto trading between the mid and upper Bolinger bands. At its current level, $101,377.75 will likely offer the asset stable support as the bulls strive to break the resistance at $107,488.93 and rally further to a new all-time high. However, a pullback past the lower support zone of $99,437.09 will invalidate this bullish thesis. 

iDEGEN: The crypto equivalent of DeepSeek

Artificial intelligence has morphed into a revolutionary wave and savvy investors are keen not be miss the birthed opportunities. Indeed, the recent DeepSeek sell-off, which President Trump termed as a “wake-up call” for Silicon Valley is an indication that AI is stirring up all sectors.

In the cryptocurrency space, AI meme coins have captured the attention of crypto enthusiasts with tokens like ai16z and fartcoin topping the list. Even more interestingly, there is a unique social experiment that is giving these projects a run for their money. iDEGEN, an AI crypto project launched two months ago has already raised over $18.7 million.

Its absence of guard rails, heightened level of community engagement, and practical pricing model has resulted in a high-value product with immense growth potential. Savvy investors acknowledge this and are rushing to accumulate $IDGN tokens before its listing on 27th February. Already, the over 21,000 early adopters are sitting on hefty profits with unmatched returns of more than 14,500%.

If its past phases are anything to go by, the latest V3 upgrade is set to catapult its popularity and growth to the next level. This social experiment started on a blank slate, depending on crypto degens on X to learn, adapt, and respond. Void of any censorship,the resultant madness prompted two bans from the X platform. 

However, its community, largely consisting of Gen Zs, was undeterred. They had, and still do embrace the project as their own and are keen on taking it to levels never seen before. 

After the V2 update that saw it take over the Telegram frontier, it is set to capture more attention through its video content on sites like Instagram, TikTok, and YouTube. In the next four weeks, it will be interesting to see iDEGEN’s potential unfold. You can buy the iDEGEN token here.

Solana price set for a consolidation phase ahead of a breakout

Since reaching a fresh all-time high on 19th January 2025 on the back of Trump and Melania’s PolitiFi tokens, SOL/USD has dropped by close to 20%. As at the time of writing, the altcoin as trading at $237.69 after gaining 3.92% over the past 24 hours. 

After the corrective pullback that cut across the crypto majors, Solana price appears to be finding its footing. A look at its daily chart shows it trading between the mid and upper bollinger bands. 

While the bulls remain in control, the absence of a near term catalyst may have it enter a consolidation phase. More specifically, the range between $225.84 and $247.97 will be worth watching. Beyond that range, the bulls will be looking to break the resistance at $260.92. From this perspective, placing a stop loss at $215.57 is ideal; beyond which this thesis will be invalid. 

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