The Securitize Tokenized Apollo Diversified Credit Fund, ACRED, is now supported on the Sei blockchain, expanding investor access to institutional-grade tokenized funds across another high-performance chain.
As with our other supported networks, Wormhole provides seamless cross-chain connectivity, allowing investors to move their fund tokens across ecosystems with ease.
But this launch will bring more than just multi-chain expansion – it will introduce a new level of operational automation with a brand-new use case: instant subscription with fund bridging.
"},"isRSC":null},"responsiveStyles":{"large":{"display":"flex","flexDirection":"column","position":"relative","flexShrink":"0","boxSizing":"border-box","lineHeight":"normal","height":"auto","marginBottom":"50px","fontSize":"21px","marginTop":"35px","contentVisibility":"auto","containIntrinsicSize":"216px"},"medium":{"contentVisibility":"auto","containIntrinsicSize":"216px"}}},{"@type":"@builder.io/sdk:Element","@version":2,"id":"builder-a19837200f7646b7a1c65dd826329271","meta":{"previousId":"builder-9ec5f57e07844a039d9b7708e43f9921"},"component":{"name":"Text","options":{"text":"ACRED already supports instant subscription on certain blockchains.
This process will use a smart contract that allows investors to send USDC and receive DS Tokens – the blockchain representation of their fund units – immediately in their wallet. The subscription is atomic, meaning the USDC and the newly minted DS Tokens are exchanged in a single onchain transaction.
Instant atomic subscriptions are part of the basic onchain infrastructure for RWAs that allows their interconnection with the DeFi world.
However, there’s a limitation:
For the instant subscription to work, the USDC must be directly custodied by the fund, and fund custodians in some cases may operate only on certain chains.
"},"isRSC":null},"responsiveStyles":{"large":{"display":"flex","flexDirection":"column","position":"relative","flexShrink":"0","boxSizing":"border-box","lineHeight":"normal","height":"auto","marginBottom":"50px","fontSize":"21px","contentVisibility":"auto","containIntrinsicSize":"360px"},"medium":{"contentVisibility":"auto","containIntrinsicSize":"360px"},"small":{"contentVisibility":"auto","containIntrinsicSize":"480px"}}},{"@type":"@builder.io/sdk:Element","@version":2,"id":"builder-247514b69ae2450dba0fe6d22b8812e3","meta":{"previousId":"builder-e7f37c4efbb24b8ca46d71c765adea13"},"component":{"name":"Text","options":{"text":"With Sei (and other chains without direct fund support), we enhance our instant subscription smart contract to include an automatic USDC bridge step.
Here’s how it works:
1.Investor sends USDC on Sei. With Circle’s recent support for native USDC in Sei that is a natural option.
2.The contract mints the corresponding DS Tokens instantly to the investor’s wallet.
3.Simultaneously, the USDC is bridged via Wormhole to the fund’s custody wallet on a supported chain.
Wormhole support for this operation has been fundamental, as Circle’s Cross Chain Transfer Protocol – which is used for bridging USDC - in Sei only supports version 2 (CCTPv2). So to enable this use case, Wormhole will be adding support for a fully onchain USDC bridge through CCTPv2 in their relayer.
And now, investors on Sei enjoy the same instant subscription experience as on other chains – with the added benefit of behind-the-scenes operational efficiency that doesn’t require manual treasury movement.
This is more than just a convenience upgrade. It’s an example of how tokenization, smart contracts, and cross-chain interoperability converge to make capital markets faster, leaner, and more global.
In other words, this is blockchain-native fund distribution done right – with the efficiency of DeFi mechanics and the trust of regulated securities.
This launch marks another step in our mission to make private markets as easy to access and as efficient to operate as public markets – without sacrificing regulatory compliance.
We will continue expanding instant subscription with fund bridging to more chains, bringing this capability wherever our investors are.