Apex Group Acquires Globacap for Digital Asset Expansion

Apex Group, a leading financial services provider managing over three trillion dollars in assets, is acquiring Globacap, a London-based investing platform, to bolster its regulated fund tokenization efforts, particularly in the U.S. This move comes as professional investors express growing interest in blockchain-based real-world assets. The acquisition follows a failed deal between Archax and Globacaps U.S. division. Apex, which has been tokenizing parts of its managed funds, further strengthened its digital asset push with the acquisition of Tokeny, a blockchain-based real-world asset specialist. Globacaps U.S. regulatory compliance adds a crucial layer to Apexs expanding digital asset ventures.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.