Apex Group Acquires Broker Globacap to Boost Tokenization Business
2025-11-19 12:47:45
Apex Group, a financial services provider with more than $3 trillion in assets under management, is to acquire Globacap, a London-based investment platform with a US-regulated broker licence, according to two people familiar with the matter. The acquisition will help Apex promote regulated fund tokenisation projects in the US. In March, UK-based cryptocurrency exchange Archax said it would buy Globacap's US unit. But the deal failed to close, with new bidders emerging, according to a recent report quoting people familiar with the matter.
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