Internet Capital Market is Real - Phase 2 The previous article briefly covered the stock part of the Solana panorama issued by @0xMert_. Overall, most of the projects are familiar to everyone. Today, I would like to continue the previous article and write about Private Credit, which is the part of private credit. There are more Hidden Gems in this part. Portals from the previous article: Without further ado, let's get straight to the point. Contestant No. 1: @apolloglobal In short, Apollo is an asset management company for asset management, asset providers, wealth management, and pensions, founded in 1990, with an AUM of $700 billion. In terms of implementation, Apollo's main focus is: 1 - Help the company to raise funds 2 - Make credit, equity, real asset investments 3 - Asset protection services through Athene, a pension company under its umbrella Currently, Apollo has achieved the Apollo Diversified Credit Securitize Fund (ACRED) through @Solana and @KaminoFinance. ACRED's underlying assets include corporate direct lending and asset-backed lending. Contestant No. 2: @hamilton_lan Hamilton Lane is also an asset management company with a current management scale of $900 billion, founded in 1989. He began to invest in credit in 2000. The investment scope is relatively mixed, including real estate, infrastructure, and corporate private equity. Hamilton Lane is the first asset manager to issue a tokenized fund SCOPE (Senior Credit Opportunities Fund) on Solana. Currently, the tokenized fund: 1 - Allows retail investors to invest with a minimum of $10K in private businesses (traditional minimum requirement of 250K) 2 - Issuance based on @librecap and part of the Feeder Fund owned by Hamilton Lane 3 - $700 million has been raised for SCOPE Player 3: @Credix_finance Credix is a Solana-based B2B credit platform that aims to provide more efficient and faster credit. The business case provided on the website includes: 1 - Achieved a 70% increase in conversion rate by helping Praso provide faster user credit payments 2 - Helped Allied achieve a 10% increase in B2B volume 3 - The time it takes to help Volvo Truck use the underwriter's services has been reduced from 48 hours to 5 minutes. At the same time, Credix also offers B2B payment services, as well as a seller management platform. This section also contains the corresponding APIs/SDKs. According to 2022 data, Credix realized $25 Mil in SME loans in Brazil. All based on @Solana completion. Player 4: @maplefinance This is the DeFi product of OG, and its business scope includes: 1 - On-chain lending/interest-bearing 2 - Interest-bearing stablecoin product (SyrupUSDC) SyrupUSDC is a core product after Maple migrated to Solana, and the current age is ~6.5%. The implementation of this technology is supported by Chainlink's CCIP protocol. The main purpose of migration is to @Solana: 1 - Faster speed 2 - Stronger compatibility Brief summary: This part is quite interesting, and the names of many traditional institutions are prominently listed. For traditional institutions, the main purpose of using Solana is: 1 - Increase the possibility of small investments 2 - Another wave of financing through asset on-chain, while testing the waters of securitization tokens For existing DeFi products, the purpose is more: 1 - Faster and more efficient user experience 2 - Allows instant settlement/verification of credit The next article hopes to be updated in two weeks, and the next one is the Money Market part, which is the hottest and most popular part of the cake recently. Thanks to @Solana_zh for the study materials. This article is supported by the @RealSigmaLabs research team.