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 repo...
On October 30, it was reported that Fight Fight LLC, the publisher of Trump's co-branded memecoin, is in talks to acquire the US business of crowdfunding platform Republic. If the deal goes through, the token could be further promoted in startups' fundraising and payment applications. Republic has supported multiple fundraising transactions, provided real-world asset (RWA) tokenization services, and supported the participation of qualified investors and retail investors. Its investors include th...
Ondo Finance will acquire Oasis Pro, a broker regulated by the Securities Exchange Commission, to promote the U.S. tokenized equities business.