SCOOP: Fund-servicing giant Apex Group is said to be acquiring U.S.-regulated broker-dealer Globacap, owner of a U.S.-regulated broker-dealer. By@IanAllison123.https://t.co/LXNzFsa65R ...

Apex Group, a financial-services provider with more than $3 trillion in assets under administration, is set to acquire London-based Globacap, an investing platform with a U.S.-regulated broker-dealer, according to two people familiar with the plans. The acquisition will help Apex spearhead regulated fund tokenization initiatives in the U.S. as interest around blockchain-based real world assets (RWAs) grows among professional investors. In March, U.K. cryptocurrency exchange Archax said it bought Globacap ...

At SmartCon 2025, @ApexGroup's Angie Walker talks about their institutional-grade stablecoin infrastructure solution supporting the Bermuda Monetary Authority, including how it leverages Chainlink Proof of Reserve, ACE, and CCIP. https://t.co/7fTTLF8qLqChainlink (@chainlink):Stablecoins have quickly emerged as one of the most critical components of onchain finance.At SmartCon 2025, decision makers from S&P Global, Apex Group, AllUnity, and Fiserv explored how stablecoins are streamlining value movement, res ...

Overview - Stablecoins are rapidly becoming a crucial element in onchain finance [1] - Industry leaders discussed how stablecoins are simplifying value transfer and transforming global payment systems at SmartCon 2025 [1] Participants - S&P Global, Apex Group, AllUnity, and Fiserv were among the decision-makers present [1]

Product Launches & Updates - Chainlink Runtime Environment (CRE) is now live, powering onchain finance [1] - Chainlink introduced Confidential Compute, unlocking private smart contracts on any blockchain [2] - Chainlink launched the Automated Compliance Engine (ACE) partner ecosystem with 20+ compliance providers [2] Banking & Capital Markets - UBS, with over $6 trillion in AUM, completed an in-production tokenized fund workflow using Chainlink DTA [3] - FTSE Russell, benchmarking $18+ trillion in AUM, collaborated with Chainlink to publish global indices onchain [3] - Tradeweb collaborated with Chainlink to publish U S Treasury data onchain [4] - WisdomTree, with $130+ billion AUM, collaborates with Chainlink to bring institutional-grade NAV data onchain [4] - SBI Digital Markets (SBIDM), part of SBI Group with ¥10+ trillion AUM, is adopting Chainlink as its exclusive infrastructure solution [5] - Chainlink is powering cross-border DvP settlement between the Central Bank of Brazil and Hong Kong Monetary Authority [5] DeFi & Tokenization - Lido, with $28+ billion in TVL, is upgrading to Chainlink CCIP for wstETH across all chains [7] - Chainalysis has entered into a strategic partnership with Chainlink to power advanced cross-chain compliance workflows using Chainlink ACE [7]

Core Insights - Chainlink and Apex Group completed a pilot project with Bermuda's financial regulator to test blockchain infrastructure for enforcing stablecoin rules directly on-chain [1] - The pilot aims to provide regulators with continuous visibility into stablecoin backing and circulation through a combination of blockchain tools [1] Group 1: Pilot Project Details - The system utilizes Chainlink's Proof of Reserve to publish reserve data on-chain and Secure Mint to limit token issuance to backed amounts [2] - Apex Group, managing $3.5 trillion in assets, contributed data on custody and reserves for the project [2] - Chainlink's Automated Compliance Engine (ACE) integrated Bermuda-specific policy requirements into the stablecoin's operations [2] Group 2: Compliance and Monitoring - Hacken introduced real-time monitoring for compliance risks, including flagged wallet activities and unexpected on-chain behaviors [3] - The system connects verified issuers to minting wallets via Bluprynt's identity layer, linking token issuance to real-world entities [3] Group 3: Implications and Future Directions - The pilot simulated automatic compliance checks on-chain, contrasting with traditional after-the-fact reporting methods [4] - This project aligns with Chainlink's strategy to promote institutional adoption of tokenized assets, with its Chainlink Runtime Environment (CRE) already utilized by banks like JPMorgan and UBS for cross-chain applications [4]

Overview - Chainlink launches the Automated Compliance Engine (ACE) partner ecosystem, featuring over 20 leading compliance providers, frameworks, and regulators [1] - The ACE partner ecosystem aims to establish ACE as the industry standard for onchain compliance [11] Partner Ecosystem - The ecosystem includes identity providers, risk scoring platforms, monitoring & reporting services, and tokenization platforms [2][5][7][9] - Identity providers like GLEIF, World, SumSub, Persona, Proof, and Veridian are integrated [2][3][4] - Risk scoring platforms such as Chainalysis, TRM Labs, Hypernative, CipherOwl, and Llamarisk are included [5][6] - Monitoring & reporting services like Bluprynt, Hacken, Kaiko, and Hummingbird are part of the ecosystem [7][8] - Tokenization platforms like Apex Group and Chintai are integrated [9][10] Compliance and Standards - ACE supports compliance with ERC-3643 and ERC-7943 token standards [10] - The Digital Securities Initiative (DSI) recognizes ACE as a trusted compliance standard [11] - ACE is being adopted by blockchains and layer-2 networks like Ethereum for Institutions, Linea, and Taiko [12]

Core Insights - AMINA Bank has partnered with Tokeny to create a regulated infrastructure for institutional tokenization, aimed at providing financial institutions with a "regulated banking bridge" for issuing and managing tokenized assets [1][2] Group 1: Partnership Details - AMINA will manage banking, custody, and regulatory oversight for traditional assets, while Tokeny will supply the technology for tokenization [2] - The collaboration allows clients to transfer funds seamlessly between traditional accounts and blockchain-based systems [2] Group 2: Impact on Market - The partnership is expected to reduce the time-to-market for tokenized instruments from months to weeks, facilitating a more connected and regulated on-chain financial system [3]

Core Insights - Wealthy families in the Gulf region are increasingly shifting their investment focus from traditional assets like real estate to cryptocurrencies and hedge funds, indicating a generational shift in investment strategies [1][9] - The Kanoo twins from Bahrain have been at the forefront of this trend, having initiated their family's investment in Bitcoin in 2020, which has since evolved into a broader strategy involving digital assets and hedge fund structures [2][3][4] Investment Trends - The Kanoo family office made a small initial investment in Bitcoin, which was later sold for a profit, leading to continued investments in digital assets [3] - The twins have established a separate digital asset firm to provide crypto investment services to both family offices and external clients, reflecting a growing trend among wealthy Middle Eastern families to diversify their portfolios [4] Market Dynamics - Major banks such as Citigroup, Barclays, and Deutsche Bank are expanding their wealth management divisions in the Gulf, anticipating a $1 trillion wealth transfer in the region [5] - Dubai has emerged as a hub for hedge funds, with over 70 operating in the city, while Abu Dhabi hosts global hedge fund players [5] Family Office Behavior - Gulf family offices are increasingly conducting their own due diligence and favoring diversified investments, with allocations of around $5 million making a significant impact on smaller hedge funds [6] - Despite the shift towards more aggressive investment strategies, Middle Eastern portfolios remain more conservative compared to Western counterparts, with a higher concentration in liquid assets and real estate [6] Governance and Generational Change - The governance structures of family businesses in the Gulf often involve multiple layers of checks, reflecting the generational divides within these families [7] - There is a growing interest in tokenized assets and digital yield strategies among Emirati families, indicating a broader acceptance of innovative investment vehicles [8]

In the midst of Grayscale’s AVAX ETF filing and Wyoming’s FRNT stablecoin launch, you may have missed something huge: SkyBridge Capital partnered with Tokeny and Apex Group to tokenize $300M in hedge funds on Avalanche.Keep reading https://t.co/SoeoyWNylx ...