Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
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
Kalshi early employees: Whoever controls the traffic controls the market
Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%
Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure
Why Buying Gold Can Lead to Bankruptcy
If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?
Circle Plunges 20%: Crypto Earthquake Triggered by Draft Proposal
After the Smoke Clears: 5 Possible Endings to the Middle East Conflict
Stablecoin Yields Discontinued, Circle Plunges 20% in One Day
AI Wired into War Machine | Rewire News Nightly
Web3 is sick, but the cure is not AI
Why must Web3 projects be included in RootData?
Fluid Announces Updates on Resolv Hack Recovery and Compensation Plan
Key Takeaways Fluid has repaid approximately $70 million related to USR debts on the BNB and Plasma chains.…
Binance to Delist Key Spot Trading Pairs: What You Need to Know
Key Takeaways Binance is set to remove several spot trading pairs on March 27, 2026, at 11:00 AM…
Whale Activities in the Crypto Market: A Deep Dive into Recent Trends
Key Takeaways A significant whale deposit occurred 3 hours ago when 5.5 million USDT was moved to Binance…
Circle and Tether Freeze Iranian Exchange Wallex Wallet with $2.49M Assets on Hold
Key Takeaways Circle and Tether have frozen a significant amount of assets from an Iranian exchange called Wallex,…
James Wynn Engages in High-Leverage Bitcoin Short Position
Key Takeaways James Wynn recently opened a 40x leveraged short position on Bitcoin. His position involves 2.69 BTC,…
Major Whale Opens Significant 20x Leveraged Positions in ETH and BTC
Key Takeaways Whale 0x049b has executed large 20x leverage positions on 9,256 ETH and 282.47 BTC, totaling over…
New Whale Activity: 33,998 ETH Withdrawn from Kraken
Key Takeaways A new Ethereum whale with the address starting 0xD77 has withdrawn 33,998 ETH from Kraken. The…
App