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Coinbase Partners with Asset Management Giant Apollo to Launch Stablecoin-Based Credit Product in 2026
BlockBeats News, October 28th, according to official sources, Coinbase's wholly-owned investment management institution - Coinbase Asset Management (CBAM), today announced a strategic partnership with the asset management giant Apollo (New York Stock Exchange code: APO) to jointly launch a stablecoin-based credit strategy scheme. This move will build a bridge connecting stablecoins, private credit, and asset tokenization, aiming to explore high-quality credit opportunities in the rapidly expanding stablecoin ecosystem.
The official statement said that CBAM, focused on providing digital asset strategies to accredited investors, will engage in deep cooperation with Apollo, a leader in credit underwriting, asset origination, and tokenization solutions, with the two parties planning to jointly launch innovative credit investment products by 2026.
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