Coinbase Asset Management, Apollo Partner to Implement Stablecoin Credit Strategies
Coinbase Asset Management (CBAM), the investment manager and wholly owned subsidiary of Coinbase Global, Inc. (NASDAQ:COIN) , is launching a partnership with Apollo (NYSE: APO), an alternative asset manager, to bring Coinbase stablecoin credit strategies to market. This initiative acts as a bridge for the stablecoin, private-credit-lending, and tokenization economies, “seeking to unlock high-quality credit opportunities in the rapidly expanding stablecoin ecosystem.”CBAM, which is focused on delivering digi ...