ICYMI: BlackRock, Franklin Templeton, and Apollo are building on @Aptos. https://t.co/0Y2LlFRuJ1 ...

The $900 million top-up to Vision Fund 2 loan showcases Apollo’s big role in NAV lending. https://t.co/IUt4cBWmJp ...

RWA & Stablecoin - Elixir's fastUSD is a yield-bearing stablecoin providing native RWA exposure [1] - fastUSD is now live on Sei Network with native minting and redemption [1] - fastUSD is backed by RWAs via deUSD [1] - fastUSD is collateralized by assets from institutions including BlackRock, Hamilton Lane, and Apollo [1] Technology & Network - Sei Network is positioned as the fastest L1 for RWAs [1] - fastUSD is built to offer efficient, onchain access to RWAs [1]

Core Insights - The global fund tokenization market is experiencing explosive growth, with major Wall Street firms entering this emerging field [1] - Goldman Sachs reports that the asset management scale of tokenized assets reached $23 billion in the first half of the year, a 260% increase since January [1] - By 2030, tokenized funds are expected to account for 1% of global asset management, exceeding $600 billion [1] Group 1: Tokenized Money Market Funds - Tokenized money market funds are leading the innovation wave, with over 335 types of tokenized physical asset products currently operating on-chain [2] - BlackRock's BUIDL fund, in collaboration with Securitize, has surpassed $2.9 billion in assets under management, becoming the largest tokenized money market fund globally [2] - The participation of major institutions indicates a growing market demand for blockchain-native liquidity [2] Group 2: Alternative Assets and Private Equity - Tokenization of private equity and alternative assets is gaining attention, with the market projected to expand from $40 billion in 2023 to $317 billion by 2028 [3] - A PwC survey indicates that 54% of institutional investors prefer private equity as their choice for tokenized alternative investments [3] - Apollo's diversified credit fund offers tokenized private credit strategies, providing compliant investment opportunities for qualified institutions [3] Group 3: Milestones in Tokenized Money Market Funds - The collaboration between Goldman Sachs and BNY Mellon marks a significant milestone for tokenized money market funds in the U.S. [6] - This solution allows U.S. fund management companies to subscribe to money market fund shares through BNY Mellon's LiquidityDirect platform, utilizing Goldman Sachs' blockchain-based GS DAP platform [6] - The potential of tokenized funds can alleviate friction in collateral management, enhancing the value of asset classes [6] Group 4: Regulatory Environment - Global regulatory bodies are generally adopting a positive stance towards fund tokenization, creating favorable conditions for market development [7] - The Hong Kong Securities and Futures Commission approved the world's first tokenized money market ETF in April 2025, indicating strong interest in interoperable token formats [7] - The UK's 2023 fund tokenization implementation blueprint aims to improve market efficiency and transparency, with the Financial Conduct Authority supporting industry efforts [7]

The Texas Municipal Retirement System has hired Annika Kim, a former private equity employee at Apollo, as the fund’s new credit director https://t.co/emMPQrf1sP ...

Market Trends & Investment Opportunities - Apollo is acquiring a majority stake in Stream Data Centers, capitalizing on the booming demand for digital infrastructure [1] - Alternative asset managers are investing heavily in data centers and data providers due to the rise of AI and the increasing demand for power and data [2] - Apollo's investment in Stream Data Centers follows a broader trend of investment firms acquiring digital infrastructure and renewable energy assets, exemplified by Apollo's earlier acquisition of Argo Infrastructure Partners [3] - The industry anticipates continued growth in demand for data centers driven by the ongoing expansion of artificial intelligence [5] Financial Performance & Business Strategy - Digital Bridge's revenue nearly tripled from 2022 to 2024, demonstrating the potential for significant growth in the data center sector [6] - Digital Bridge turned profitable, generating hundreds of millions of dollars in the last 12 months [6] - The industry is considering the potential benefits of owning both the energy supply and the data center to manage costs and improve margins [4] Key Considerations - The industry is focused on how data centers will manage rising power costs and whether these costs will be passed on to customers [4] - Contractual terms related to power costs are a key area of interest for the industry [3][4]

Today in Bloomberg Deals: Hong Kong listings shine, OpenAI eyes $500 billion valuation and Apollo agrees to buy US data center builder https://t.co/L30qufs7cy ...

Core Insights - The MASH market is experiencing significant growth, with Madrigal's drug Rezdiffra achieving sales of $317 million in its first year, including $137 million in Q1 of this year [1][3][5] - The competitive landscape is intensifying, with multiple companies developing drugs targeting various mechanisms, including THRβ, GLP-1, and FGF21 [1][2][11] - Madrigal has entered a collaboration with CSPC to acquire global rights to the oral GLP-1 agonist SYH2086, aiming to combine it with Rezdiffra for enhanced treatment [1][8] Group 1: Market Performance - Rezdiffra has shown strong sales performance, exceeding market expectations, with quarterly sales increasing significantly since its launch [3][5] - The drug has demonstrated clear clinical benefits in a Phase 3 study, with 25.9% and 29.9% of patients achieving MASH resolution without worsening fibrosis [6] - The patient penetration rate for Rezdiffra remains low at 5%, indicating substantial growth potential in the target population [6][7] Group 2: Competitive Landscape - The MASH treatment landscape is evolving from single-target competition to multi-target strategies, with a focus on combination therapies [2][11] - GSK's acquisition of FGF21 agonist Efimosfermin alfa for $2 billion highlights the increasing interest in this therapeutic area [1][11] - Companies like Akero are also making strides with their FGF21-based therapies, showing promising results in reversing liver fibrosis [11][12] Group 3: Strategic Collaborations - Madrigal's partnership with CSPC to develop a dual oral therapy combining Rezdiffra and SYH2086 reflects a strategic move to enhance treatment efficacy and patient compliance [1][8][9] - The collaboration aims to leverage the strengths of both drugs, addressing the complex mechanisms involved in MASH treatment [9][10] - The focus on combination therapies is seen as a necessary approach to navigate the competitive landscape and improve patient outcomes [10][12]

Yeah. >> All right. We'll keep an eye on Caterpillar.We're going to get to uh some of the other earnings movers in a moment, including Fizer and Apollo. But right now, we got the opening bell right here at the New York Stock Exchange. Showed you the real time exchange back at our headquarters as well.Here at the big board, Orion Properties, that's an off street doing the honors with the NASDAQ Northwest Bank of the 10. All right, Jim, I will uh leave the board open to you. You can decide where you want to u ...

Apollo reports record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in managed assets https://t.co/GFHALbLhLm ...