The post BlackRock-Backed Tokenization Firm Securitize Expands to Sei appeared on BitcoinEthereumNews.com. Apollo’s ACRED fund becomes Securitize’s first tokenized RWA offering on the Sei blockchain. Securitize, a platform focused on tokenizing real-world assets (RWAs), has expanded its offerings to the Sei blockchain, launching the Apollo Diversified Credit Fund (ACRED) as its inaugural tokenized product on the network. In a blog announcement on Thursday, Sept. 25, Sei said that the product will leverage the network’s parallel processing architecture to facilitate features such as daily net asset value pricing, automated compliance reporting, and access to liquidity through cross-chain interoperability via a partnership with Wormhole. ACRED, a fund for accredited investors and managed by global investment firm Apollo, currently has more than $112 million in value on-chain, per data from RWAxyz. The fund, which invests across a mix of company loans, asset-backed deals, and other credit opportunities, is designed to generate returns from both interest income and capital growth, with a focus on steady income and relatively low risk, according to Securitize’s description of the product. With the launch, Sei becomes the seventh network where Securitize has rolled out a tokenized version ACRED, joining Solana and Ethereum. Justin Barlow, executive director at the Sei Development Foundation, said in the blog post that the integration comes after “explosive growth in both stablecoin adoption and RWA tokenization,” and added that private credit alone is “projected to be a $2.8 trillion market by 2028.” SEI 7-day price chart. Source: CoinGecko SEI is down nearly 17% over the past week following the broader market sell-off, but has recovered slightly in the past 24 hours, currently trading near $0.27. Multibillion RWA Market Data from RWAxyz shows that the total value of RWAs on-chain is approaching $31 billion, up more than 8% over the past 30 days. Ethereum remains the largest network by on-chain value, accounting for over 52% of the… The post BlackRock-Backed Tokenization Firm Securitize Expands to Sei appeared on BitcoinEthereumNews.com. Apollo’s ACRED fund becomes Securitize’s first tokenized RWA offering on the Sei blockchain. Securitize, a platform focused on tokenizing real-world assets (RWAs), has expanded its offerings to the Sei blockchain, launching the Apollo Diversified Credit Fund (ACRED) as its inaugural tokenized product on the network. In a blog announcement on Thursday, Sept. 25, Sei said that the product will leverage the network’s parallel processing architecture to facilitate features such as daily net asset value pricing, automated compliance reporting, and access to liquidity through cross-chain interoperability via a partnership with Wormhole. ACRED, a fund for accredited investors and managed by global investment firm Apollo, currently has more than $112 million in value on-chain, per data from RWAxyz. The fund, which invests across a mix of company loans, asset-backed deals, and other credit opportunities, is designed to generate returns from both interest income and capital growth, with a focus on steady income and relatively low risk, according to Securitize’s description of the product. With the launch, Sei becomes the seventh network where Securitize has rolled out a tokenized version ACRED, joining Solana and Ethereum. Justin Barlow, executive director at the Sei Development Foundation, said in the blog post that the integration comes after “explosive growth in both stablecoin adoption and RWA tokenization,” and added that private credit alone is “projected to be a $2.8 trillion market by 2028.” SEI 7-day price chart. Source: CoinGecko SEI is down nearly 17% over the past week following the broader market sell-off, but has recovered slightly in the past 24 hours, currently trading near $0.27. Multibillion RWA Market Data from RWAxyz shows that the total value of RWAs on-chain is approaching $31 billion, up more than 8% over the past 30 days. Ethereum remains the largest network by on-chain value, accounting for over 52% of the…

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more