Apex Group to Acquire Broker-Dealer Globacap to Drive Tokenization Business in the US
BlockBeats News, November 19th, according to CoinDesk citing two sources familiar with the matter, Apex Group, a financial services provider with over $30 trillion in assets under management, will acquire London-based investment platform Globacap, which holds a U.S.-regulated broker-dealer license.
This acquisition will help Apex drive regulated fund tokenization projects in the U.S., as institutional investors' interest in blockchain-based real-world assets (RWA) continues to grow.
In March of this year, the UK cryptocurrency exchange Archax had announced the acquisition of Globacap's U.S. division. However, according to a recent report citing sources, the deal did not materialize, and a new bidder has now emerged.
Apex and Archax both declined to comment on the transaction. Representatives of Globacap did not immediately respond to requests for comment.
You may also like

Oracle "Outage": Aave Faces $27 Million Irregular Liquidation

A single tweet caused a 17% crash in oil prices, who's not a Meme yet

March 11th Market Key Intelligence, How Much Did You Miss?

Benefit-Loaded Event | With over 500 sign-ups, how else can this Lobster Tug-of-War Extravaganza be spiced up?

a16z’s Brutal Lesson to Crypto Founders: Why Enterprises Don’t Buy the Best Technology?

The rivers and lakes are no more, Li Lin returns

Earn Up to 300% APR With WEEX Auto Earn: Limited-Time Crypto Passive Income Event
Earn up to 300% APR with WEEX Auto Earn in this limited-time crypto earning campaign. Activate Auto Earn, invite friends, and unlock additional referral crypto rewards before March 25.

BitsLab Deep Production: Nanobot User Security Practice Guide

What are the common traits of people who founded a $5 Billion+ company before the age of 23?

Why Hasn't $160 Billion Stripe Gone Public?

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets

Who Longs War on Polymarket?

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist
Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure
