Convert ritestream RITE to Apollo Diversified Credit Securitize Fund ACRED

RITE to ACRED: 1 ritestream converts to 0.0000002885 ACRED

Sign up

About RITE and ACRED

ritestream is climbing, while Apollo Diversified Credit Securitize Fund is falling this week. The current RITE to ACRED conversion rate is 0.0000002885. Inversely, this means that if you convert 1 ACRED you will get 3,466,164.38 RITE. The conversion rate of RITE/ACRED has increased by 0.76% in the last hour (ACRED/RITE decreased by 0.76%). In the last 24 hours, RITE/ACRED grew by 0.51%, while ACRED/RITE shrunk by the same amount.

The exchange rate of ritestream is increasing. The current value of 1 RITE is 0.0000002885 ACRED. In other words, to buy 5 ritestream, it would cost you 0.0000014425 ACRED. Inversely, 1 ACRED would allow you to trade for 3,466,164.38 RITE while 50 ACRED would convert to 173,308,218.75 RITE, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.72%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, which means that the highest exchange rate of 1 RITE to ACRED was 0.0000002887 ACRED and the lowest 24 hour value was 1 RITE for 0.0000002852 ACRED. Last month, 1 RITE was worth 0.0000002923 ACRED. Today, it's down 1.33%. Looking back a year, ritestream has changed by 0.000001465 ACRED. That means that in a single year, the value of ritestream has shrank by 407.67%.

ritestream Market Stats

ritestream is an eco-system platform for the creation, monetisation and consumption of film and TV content in Web3. ritestream’s vision is to democratise the creator economy and generate revenues in the metaverse and via NFT’s for creators and the community.Ritestream has 4 key pillars: i) a launchpad for film/TV content whereby community can participate in the creation of film/TV project and earn revenues from these NFT’s ii) A consumer app for watching film/tv content iii) An NFT Marketplace for Film/TV NFT’s and iv) A B2B film/tv distribution platform.

£0.0002357Price
£202.97KMarket cap
£4.57Volume (24h)
861.3M RITECir. Supply

Apollo Diversified Credit Securitize Fund Market Stats

This feeder fund invests in the Apollo Diversified Credit Fund ("Underlying Fund") which seeks to generate a return comprised of both current income and capital appreciation, emphasizing current income with low volatility and low correlation to the broader markets. ✓ Seasoned Asset Manager: Apollo draws on 30+ years of experience, aiming to achieve attractive returns across the risk spectrum through proprietary origination, credit strategies, and a flexible approach to borrower needs.(1) ✓ Historical Track Record of Outperformance: A diversified, global credit strategy with potential for enhanced income and attractive risk-adjusted returns across various market cycles. ✓ 0% Performance Fee ✓ $0 Redemptions ✓ Pricing Transparency: Daily pricing transparency and daily liquidity.(2) The Underlying Fund takes a multi-asset private and public credit approach centered around five key pillars: ✓ Corporate Direct Lending: Targets large scale corporate originations and sponsor-backed issuers of first lien, senior secured and unitranche loans, utilizing Apollo’s proprietary sourcing channel. ✓ Asset-Backed Lending: Focuses on agile deployment of capital into origination and proprietary sourcing channels across a broad mandate of asset-backed investments, with a focus on investments collateralized by tangible investments. ✓ Performing Credit: Primarily pursues liquid, performing senior secured corporate credits to generate total return. ✓ Dislocated Credit: Seeks to use contingent capital to tactically pursue “dislocated” credit opportunities such as stressed, performing assets that sell-off due to technical and/or non-fundamental reasons. ✓ Structured Credit: Focuses on structured credit opportunities across diverse asset types, vintages, maturities, jurisdictions, and capital structure priorities (for example, CLOs, residential, and commercial mortgage backed securities among others).9 (1) Diversification does not ensure profit or protect against loss. (2) Investment performance is not guaranteed and is subject to market risks.

£816.83Price
£70.4MMarket cap
--Volume (24h)
86K ACREDCir. Supply

Conversion tables

RITE to ACRED values from Today at 8:38 pm

0.5 RITE = 0.0000001443 ACRED
1 RITE = 0.0000002885 ACRED
5 RITE = 0.000001443 ACRED
10 RITE = 0.000002885 ACRED
50 RITE = 0.00001443 ACRED
100 RITE = 0.00002885 ACRED
500 RITE = 0.0001443 ACRED
1,000 RITE = 0.0002885 ACRED

ACRED to RITE values from Today at 8:39 pm

0.5 ACRED = 1,733,082.19 RITE
1 ACRED = 3,466,164.38 RITE
5 ACRED = 17,330,821.88 RITE
10 ACRED = 34,661,643.75 RITE
50 ACRED = 173,308,218.75 RITE
100 ACRED = 346,616,437.51 RITE
500 ACRED = 1,733,082,187.53 RITE
1,000 ACRED = 3,466,164,375.06 RITE

RITE to ACRED over time

RITE
Today
24H
0.74%
1M
-1.33%
1Y
-407.67%
0.5 RITE
0.0000001443 ACRED
0.0000001432 ACRED
0.0000001462 ACRED
0.0000007323 ACRED
1 RITE
0.0000002885 ACRED
0.0000002864 ACRED
0.0000002923 ACRED
0.000001465 ACRED
5 RITE
0.000001443 ACRED
0.000001432 ACRED
0.000001462 ACRED
0.000007323 ACRED
10 RITE
0.000002885 ACRED
0.000002864 ACRED
0.000002923 ACRED
0.00001465 ACRED
50 RITE
0.00001443 ACRED
0.00001432 ACRED
0.00001462 ACRED
0.00007323 ACRED
100 RITE
0.00002885 ACRED
0.00002864 ACRED
0.00002923 ACRED
0.0001465 ACRED
500 RITE
0.0001443 ACRED
0.0001432 ACRED
0.0001462 ACRED
0.0007323 ACRED
1,000 RITE
0.0002885 ACRED
0.0002864 ACRED
0.0002923 ACRED
0.001465 ACRED

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.