Apollo Diversified Credit Securitize Fund (ACRED)
Solana: can freeze a holder, claw back, gate who may hold, mint, change the code. An account only a program can sign for can freeze a holder and claw back tokens. A single key can change the code with no delay.
Research and shelf status are on the memo: Apollo Diversified Credit Securitize Fund (ACRED) Adverse research finding
Who may buy, hold, transfer, and redeem
Each answer rests on the issuer’s own words, quoted from the document named under it. Ketju re-reads each document and records whether the words are still there. Where the documents say nothing, the row says so.
- What the holder owns
A share of a fund that invests in Apollo Diversified Credit Fund; Securitize’s own filing calls the tokens non-voting, non-redeemable shares, so exits run through the fund’s repurchase offers.
“non-voting, non-redeemable participating shares issued as part of the funds’ respective share capital”
SEC EDGAR: Securitize Holdings prospectus, Form 424B3, filed August 7, 2026 · Notes to the consolidated financial statements, 6. Investment in Funds · words found 2026-09-23
- Who may hold it
Accredited investors who pass Securitize’s identity check and accreditation review, and who buy through Securitize Markets.
“Verify your identity, complete your investment profile questionnaire, and submit an accreditation application”
Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund) · Getting Started, Subscription Process, step 01 · words found 2026-09-23
- First purchase minimum
$50,000, shown as a figure in the Minimum Investment tile, not a sentence.
“$50,000”
Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund) · Key facts tile, Minimum Investment · words found 2026-09-23
- Account types
The documents read do not say.
Not stated in Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund), Apollo and Securitize, ”Apollo and Securitize Announce Partnership and Launch Tokenized Access to Credit Fund on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana Networks” (PR Newswire, 2025-01-30), SEC EDGAR: Securitize Tokenized Apollo Diversified Credit Fund, Ltd., Form D/A filed February 12, 2026.
- Who it may be transferred to
Transfers are limited by the fund’s transfer restrictions and investor eligibility; the page does not promise a secondary market.
“Secondary market trading is not guaranteed and may be limited by regulatory transfer restrictions, platform availability, or investor eligibility requirements.”
Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund) · Live Marketplaces, note under the table · words found 2026-09-23
- How a holder redeems
Monthly redemptions inside a quarterly notice period, with no promise that a full redemption is met.
“$0 Monthly redemptions are available during a quarterly notice period with the fund. Full redemptions are not guaranteed and may be subject to delays due to market conditions or blockchain settlement mechanics.”
Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund) · Fund Profile footnote (7) · words found 2026-09-23
- Who keeps the official record
Securitize is the fund’s transfer agent and fund administrator.
“Securitize also serves as ACRED’s digital transfer agent and fund administrator.”
Apollo and Securitize, ”Apollo and Securitize Announce Partnership and Launch Tokenized Access to Credit Fund on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana Networks” (PR Newswire, 2025-01-30) · Release body · words found 2026-09-23
- What the issuer says it can freeze or take back
The documents read do not say.
Not stated in Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund), Apollo and Securitize, ”Apollo and Securitize Announce Partnership and Launch Tokenized Access to Credit Fund on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana Networks” (PR Newswire, 2025-01-30), SEC EDGAR: Securitize Tokenized Apollo Diversified Credit Fund, Ltd., Form D/A filed February 12, 2026, SEC EDGAR: Securitize Holdings prospectus, Form 424B3, filed August 7, 2026.
| Fact | What the file records |
|---|---|
| Who onboards the holder | broker dealer |
| Voting rights | None |
| Distributions | reinvested |
| SIPC coverage of the wallet | No |
What the issuer filed with the SEC
A private offering files Form D with the SEC within 15 days of its first sale and amends it each year while it sells. The issuer signs it. It states the exemption relied on, the fund’s exclusion from the Investment Company Act (which decides who may buy), the smallest investment accepted, the amount sold, and how many investors hold.
| Filed | Form | Exemption claimed | Minimum | Sold to date | Investors |
|---|---|---|---|---|---|
| 2026-02-12 | D/A | Rule 506(c); Investment Company Act section 3(c)(1) | $0 | $110,943,000 | 26 |
| 2025-02-12 | D | Rule 506(c); Investment Company Act section 3(c)(1) | $0 | $40,000,000 | 5 |
Filed by Securitize Tokenized Apollo Diversified Credit Fund, Ltd. (SEC CIK 2056038). Sold to date counts every sale since the first, not the fund’s size today. Ketju reads EDGAR daily; a new filing reopens this file.
- The 2026-02-12 Form D states a $0 minimum; the file records $50,000. The note under “Who may hold it” says which figure the file follows.
The transfer agent’s SEC record
A transfer agent registers with the SEC on Form TA-1 and reports each year on Form TA-2: how many securityholder accounts it keeps and for how many issues it keeps the master securityholder file, the list that says who owns each share.
| Agent | SEC file | TA-2 period | Accounts | Issues with master file | Work it hires out |
|---|---|---|---|---|---|
| Securitize Transfer Agent, LLC | 084-06638 | 2025-12-31 | 18,337 | 54 | PACIFIC STOCK TRANSFER CO |
EDGAR records Securitize LLC as the former name of Securitize Transfer Agent, LLC, changed 2025-04-14.
Who can change the record
Powers read from the deployed contracts and their verified source: the token and every contract it consults on transfer. A power recorded here is the issuer’s ability, not evidence it has been used.
| Chain | Freeze a holder | Pause | Claw back | Gate holders | Change the code | Keys held by |
|---|---|---|---|---|---|---|
| Ethereum | Yes | Yes | Yes | Yes | Yes | Owner key: a single key. |
| Solana | Yes | No | Yes | Yes | Yes | An account only a program can sign for can freeze a holder and claw back tokens. A single key can change the code with no delay. |
Who holds the keys
Every current holder of each power, read from the chain on 2026-09-23. A single key is one private key: whoever holds it acts alone. A multisig needs the stated number of signers. A timelock makes every action wait, so holders can see it coming.
| Chain | Key | What it can do | Held by | Address |
|---|---|---|---|---|
| Ethereum | Owner | grant and revoke these powers | a single key | 0x59c1…76ee |
| Ethereum | Wallet registrar owner | decide who may hold, grant and revoke these powers | a single key | 0x3ee6…1a3e |
| Solana | Mint authority | mint new tokens | an account only a program can sign for | Fr3R46…TYbH |
| Solana | Freeze authority | freeze a holder | an account only a program can sign for | Fr3R46…TYbH |
| Solana | Permanent delegate | claw back tokens | an account only a program can sign for | Fr3R46…TYbH |
| Solana | Transfer-hook authority | decide who may hold, change the code | an account only a program can sign for | Fr3R46…TYbH |
| Solana | Hook program upgrade authority | change the code | a single key | 8d36iv…zbB6 |
Ethereum: 14 contract reads at block 26040920, 6 functions in verified source, 2026-09-23
- eip1967.implementation=0xfc8a9000c161e3c6e073e967107ce926a44a06e2
- owner()=0x59c1eacec450c57dcb9b8725d0f96635c2b676ee
- isPaused()=false
- getDSService(COMPLIANCE_CONFIGURATION_SERVICE)=0x49465989b80ea0ae4f4129a0f803a4f38b09ea6c
- getDSService(COMPLIANCE_SERVICE)=0xdfe6b0edd2bee2dfe2759b8a5749aa750ff147af
- getDSService(LOCK_MANAGER)=0x4914665651c7ae7f6ef6ffea3dcd554a1a39ec91
- getDSService(OMNIBUS_TBE_CONTROLLER)=0xdcc82829b3eb1d497d2ff982c76eaec44435a4e9
- getDSService(REGISTRY_SERVICE)=0x3a8e9cd2e17e1f2904b7f745da29c9ca765cc319
- getDSService(SECURITIZE_SWAP)=0x368e7478ff8c88c9002c32e1f576fabe2e9ddf7b
- getDSService(TOKEN_REALLOCATOR)=0x7b021a22fe5a6caefd81623ff8fbe7e97b0e61ee
- getDSService(TRANSACTION_RELAYER)=0x9b70f9b94ac226eb5d9f7c33e5b95001f470224e
- getDSService(TRUST_SERVICE)=0xc397436742eaf7c325ddbfc4dc63d95822b27101
- getDSService(WALLET_MANAGER)=0x5275732d1bfe540350165267346537670bc2138a
- getDSService(WALLET_REGISTRAR)=0xddf17a432b312a6c0e42f3b34adbe914b12cb44f
- issueTokensWithNoCompliance in verified source 0xfc8a…06e2
- lockInvestor in verified source 0xf73d…d6c5
- isPaused in verified source 0xfc8a…06e2
- burn in verified source 0xfc8a…06e2
- issueTokens in verified source 0xfc8a…06e2
- upgradeToAndCall in verified source 0xfc8a…06e2
Solana: 4 contract reads at block 449737263, 0 functions in verified source, 2026-09-23
- mintAuthority=Fr3R4632hv5LU2YNXYMnErnLE1XYMe1KPjR8q91KTYbH
- freezeAuthority=Fr3R4632hv5LU2YNXYMnErnLE1XYMe1KPjR8q91KTYbH
- permanentDelegate=Fr3R4632hv5LU2YNXYMnErnLE1XYMe1KPjR8q91KTYbH
- transferHook=FsE8mCJyvgMzqJbfHbJQm3iuf3cRZC6n2vZi1Q8rQCy2
Where it trades
| Venue | Kind |
|---|---|
| Securitize primary market | issuer primary |
How it exits
| Path | Cutoff | Settlement | Fee | Settles in |
|---|---|---|---|---|
| Redeem with the issuer in its window | 2:00 p.m. Eastern | Quarterly repurchase offers of at least 5% of the underlying fund’s shares, with monthly redemptions inside the quarterly notice period; proceeds paid once the underlying fund pays; full redemption not guaranteed. The 2025 launch release said daily-NAV redemptions; the current page says quarterly | 0 bps | USDC, USDG |
- Securitize publishes contract addresses for Avalanche, Polygon, Ink, Sei, or Aptos; each chain is then read and added
- Securitize or Apollo publishes the private placement memorandum; the file is then re-read for the investor class, gates, the distribution policy, and the limited-partnership wording on the page, which the BVI company on the Form D does not match
- The compliance service, lock manager, proxy target, or owner key on Ethereum changes, or the Solana mint, freeze, permanent-delegate, or transfer-hook authority changes
- Apollo Diversified Credit Fund cuts a quarterly repurchase offer below 5%, prorates tenders, or delays proceeds past the posted deadline
- The fund leaves the 3(c)(1) exclusion or nears 100 beneficial owners
- Anemoy’s Centrifuge wrapper of ACRED (ACRDX), a separate program under another memo, changes how much ACRED it holds or how it exits
What the monitor reads daily
Every control function in the table above and the contracts the token consults on transfer; the token’s on-chain supply against yesterday’s; and its market quote against yesterday’s quote, since a fund of this kind accrues a few basis points a day. Every document quoted above is re-read too, and a quote that leaves its document reopens the file. EDGAR is read for the issuer’s Form D filings and the transfer agent’s registration; a new filing reopens the file. A change opens a review item in the governance queue and reopens the file before any client action.
Sources
- Securitize, ACRED primary-market page · primary · accessed 2026-09-23
Supports: $50,000 minimum, BVI domicile, quarterly redemptions, USDC and USDG ramps, Solana mint via Loopscale market link - Securitize, ACRED primary-market page content (Builder.io content API behind securitize.io/primary-market/apollo-diversified-credit-securitize-fund) · primary · accessed 2026-09-23
Supports: minimum, who may hold, transfer, redemption, quarterly repurchase schedule, feeder into Apollo Diversified Credit Fund - SEC EDGAR: Securitize Tokenized Apollo Diversified Credit Fund, Ltd., Form D/A filed February 12, 2026 · primary · accessed 2026-09-23
Supports: BVI business company, incorporated 2024, Rule 506(c), section 3(c)(1) exclusion, no non-accredited investors, $0 minimum on the form, 26 investors, $110.9M sold, Securitize Markets as placement agent - Apollo and Securitize, ”Apollo and Securitize Announce Partnership and Launch Tokenized Access to Credit Fund on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana Networks” (PR Newswire, 2025-01-30) · primary · accessed 2026-09-23
Supports: launch chains, Securitize Markets as sole channel, transfer agent and fund administrator, daily-NAV redemptions at launch - SEC EDGAR: Securitize Holdings prospectus, Form 424B3, filed August 7, 2026 · primary · accessed 2026-09-23
Supports: non-voting participating shares, sACRED receipt tokens, ACRED held as loan collateral - ACRED Solana mint metadata (points at metadata.securitize.io) · primary · accessed 2026-09-23
Supports: issuer-anchored Solana mint - Securitize, ”ACRED on Sei: Instant Subscription with Fund Bridging” (Builder.io content API behind the Securitize blog) · primary · accessed 2026-09-23
Supports: Sei deployment, atomic USDC subscription contract, Wormhole bridging - Verified implementation on Ethereum (Sourcify) · primary · accessed 2026-09-23
Supports: preTransferCheck compliance gate, pause, seize, issueTokens, upgradeToAndCall, owner key shared with the STAC and VBILL contracts