Bringing TradFi Liquidity On-Chain: The Power of sACRED and $deUSD

A new strategy has just launched that might quietly change the game for how traditional finance connects to DeFi and it’s powered by some serious names: Securitize, MorphoLabs, Polygon, Elixir, and Gauntlet.

At the heart of it all is sACRED, the tokenized version of ACRED: a multi-asset credit fund managed by Apollo Global with over $600B AUM. 

Here’s how the strategy works in simple terms:

1. ACRED, Apollo’s credit fund, is tokenized via Securitize into sACRED.  
2. Users can then mint deUSD by depositing sACRED into Elixir.  
3. That deUSD is deployed in DeFi (via platforms like Morpho on Polygon) to borrow USDC.  
4. The borrowed USDC is used to buy more ACRED, creating a loop.

Elixir is playing a key role in making this strategy possible, proving itself as a foundational piece of infrastructure for connecting institutional capital with the future of decentralized finance.