Cryptocurrency Analysis and News Portal
Executives of banking giants JPMorgan Chase and Apollo revealed plans for a tokenized enterprise mainnet formed during a collaboration on the Monetary Authority of Singapore’s (MAS) Project Guardian pilot project. On Nov. 15, the MAS introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenization,
Read More
The move by JPMorgan and Apollo comes at a time when various traditional finance institutions are increasingly expressing interest in blockchain technology. In a groundbreaking move, traditional finance titans JPMorgan Chase & Co (NYSE: JPM) and Apollo Global Management Ord Shs (NYSE: APO) has successfully collaborated with blockchain firms to demonstrate a
Read More
The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains. Original Source
Read More
On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital.In a wide-ranging interview with Cointelegraph, Andersson said he thinks the increasing popularity of decentralized spot trading will inevitably lead
Read More
Apollo Global, with $500 billion in assets under management, is looking to revamp the bankrupt Celsius Network in partnership with Provenance Blockchain. It’s nearly a year since crypto lender Celsius Network filed for bankruptcy after slipping into a liquidity crisis following the fall of the Terra ecosystem. In the latest
Read More
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter. Source
Read More
In other SVB-related news, the Financial Group, which was the holding company of SVB, is exploring ways to sell off its other units. Private equity company Apollo Global Management is reportedly interested in the book of loans held by the now-collapsed Silicon Valley Bank (SVB). The bank has made several headlines
Read More
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares. Original Source
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More
Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing down its vaults on Terra Classic (LUNC) — formerly Terra (LUNA). The project's developers wrote: "Since the collapse
Read More