A very good case of RWA construction and distribution that clarifies the positioning of many RWA projects on the market:
Apollo:
"Underlying fund manager," responsible for real investments and generating returns.
Centrifuge:
Responsible for tokenizing fund shares on-chain.
Plume:
Provides a blockchain environment and distribution channels for RWA.
Grove:
A subDAO of MakerDAO, acting as an Anchor Investor, injecting $50 million.
Centrifuge tokenizes Apollo's diversified credit fund into nACRDX, which is then distributed on Plume's Nest Credit, with Grove using funds allocated from MakerDAO as an Anchor Investor to invest $50M, providing scale and confidence for fund tokenization.
Many people think that with so many RWA projects, aren't they all just doing asset tokenization? This case can help you match all RWA projects in the process.
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