Apollo and Securitize’s new tokenization initiative make big splash with major blockchains
Polygon Weekly Overview - January 31, 2025
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By The Numbers
Polygon daily active users: 543.51K (-12.12%)
Polygon daily txns: 3.57M (-5.83%)
Polygon Total Volume Locked (TVL): $861M (-0.69%)
NFT weekly sales volume: $8.5M (+150.32%)
Top 3 NFT collections by sales volume:
Courtyard: $7.3M (+255.85%)
LEDNFT: $415K (+89.06%)
Voxies: $73.6K (-14.04%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
AggLayer Spotlight
🟪What happened: Polygon is among the major blockchains live on Securitize’s cross-chain interoperability layer via Wormhole and is also bringing access to onchain private credit investors through Apollo’s new fund, the Apollo Diversified Credit Securitize Fund (ACRED), alongside five other major chains.
🟪Why does it matter: These integrations expand investor access to tokenized RWAs by increasing institutional exposure through vehicles like ACRED, as well as giving secure multi-chain transfers between Polygon and other ecosystems like Ethereum, Arbitrum, Avalanche, and Optimism via Wormhole’s technology.
Wormhole, which Securitize selected as its “exclusive interoperability platform,” has facilitated over $55 billion in cross-chain volume since 2020. Securitize’s infrastructure allows asset managers like Hamilton Lane, KKR, and BlackRock to do cross-chain transfers of tokenized assets on a number of chains, including Polygon.
This interoperability layer improves liquidity, scale, and accessibility and is evident in BlackRock’s BUIDL fund, which has surpassed $642M in AUM. This tokenized fund, among others, will benefit from this increased scalability and access, while ushering in more capital and investors.
By abstracting blockchain complexities, Wormhole and Securitize make tokenized assets more accessible to institutional investors. TradFi institutions can integrate more DeFi options into their portfolios, which can overall lead to increased adoption and multichain use cases for tokenized RWAs.
Furthermore, ACRED brings in high-yield institutional assets to Polygon and other blockchains, giving accredited investors more options beyond treasuries and stablecoins.
The flagship Apollo Diversified Credit Fund has over $1.2 billion in managed assets, CoinDesk reported. This fund gives institutions a way to diversify into lending and structured credit markets. But these areas have historically been difficult to access due to high entry barriers and regulatory complexity.
By using Polygon and other major chains, this fund can reduce operational friction, and increase transparency giving a better investment process for institutions looking for alternative yield strategies.
🟪The big picture: As traditional finance continues to merge with blockchain technology, the demand for tokenized RWAs will keep rising, bringing more liquidity, investors, and innovation to Polygon and the broader DeFi ecosystem.
It’s also worth noting that Agglayer’s Lumia and other RWA-focused chains can also benefit from both upgrades, with increased liquidity from Apollo’s fund and better interoperability via Wormhole. These integrations help institutional adoption of DeFi by making onchain finance more accessible, scalable, and attractive to the largest asset managers in the world.
Agglayer aims to further enhance the capabilities and user experience in the new era of RWAs and institutional investments. AggChains, similar to Lumia, can see increased assets and users on their respective chains, driving growing TVLs and users. With cross-chain execution, institutions can allocate capital across multiple ecosystems without fragmentation, making Agglayer a key part of tokenized finance.
Into the AggLayer
ICYM: Check out the Agglayer Educational Series’ first session to learn more about settlement in the era of interoperability
Ternoa, an Agglayer payment platform, announced the launch of the zkEVM+ mainnet
Lumia, the Agglayer RWA platform, announced its plans to build two tokenized “Lumia Towers” with the Sen Group in Istanbul
QuickSwap, an Agglayer DEX, has whitelisted $SUT $AUSD $MOON $HAHA
Ecosystem Showcase
Watch the Proof of Coverage podcast with Polygon Co-Founder Sandeep Nailwal to learn more about Agglayer, DePINs and AI
Listen to the X Space with the Polygon Community Grants Program on “The Rise of DePIN”
Morpho Labs, a DeFi protocol, announced its smart contracts can be deployed on Polygon POS and other chains
Join in the fun
Want to dive into the Polygon ecosystem full-time? Find the latest job postings here.
Dive into the Polygon developer community and join the Discord
Attending ETHDenver? Go watch Polygon Co-Founder Jordi Baylina speak onstage
Join Okto Wallet's Polygon Meme Mania campaign here
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.