Finance

Private Equity Giant Apollo Invests in Real-World Asset Platform Plume

The investment aims to accelerate Plume’s efforts to make real-world assets tradable and usable in crypto markets.

Plume co-founders Eugene Shen, Chris Yin and Teddy Pornprinya (Plume)

Ripple to Acquire Prime Broker Hidden Road for $1.25B, Expanding Institutional Push

Among other things, the deal is expected to strengthen Ripple’s stablecoin ambitions.

Money in hand (Unsplash)

Lyzi Raises $1.4M to Expand Tezos-Based Crypto Payments Service for Retail

The round included participation from angels investors Christopher Grilhault des Fontaines, founder of Dfns, and Jean-Luc Bernard, founder of Astek

Photo looking down on consumers in a retail department store.

More from Finance

Creators of DeFi Firm Aave Launch Social Media Developer Network Lens Chain

Lens Chain mainnet goes live using an inexpensive Ethereum overlay blockchain designed for building decentralized social media applications.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Crypto-Friendly Prime Broker Hidden Road in Active Takeover Talks: Sources

The company is being advised by FT Partners, the sources said.

Money in hand (Unsplash)

Investment Firm Republic to Acquire Crypto Trader INX Digital for Up to $60M

The transaction is expected to close within eight months, subject to closing conditions

New York City (JLB1988/Pixabay)

WisdomTree Expands Institutional Tokenized Fund Platform to Arbitrum, Avalanche, Base and Optimism

The firm also offers a broader selection of tokenized funds, including equity indexes and fixed income strategies.

Tokenized Treasuries has become a $3.5 billion asset class as demand and DeFi integration soared.(Ryan Quintal/Unsplash, Modified by CoinDesk)