Apex Group, the asset services provider, has launched Apex Digital 3.0, a solution aiming to bridge traditional and blockchain-based markets, and facilitating the transition to improved liquidity and asset growth as the industry continues to develop digital asset classes and distribution.
Described as a scalable, compliance-first, programmable infrastructure, Apex says it can offer “a compliant single-source, end-to-end solution for digitising assets across the complete investment lifecycle, with fully integrated blockchain capabilities”.
Stakeholders impacted include issuers, investors, aggregators and distributors. Industry digitisation includes representing traditional assets in digital form or creating tokenised assets, leading to more accessibility and asset fractionalisation that broadens opportunities for investors to participate. For asset managers, this means access to additional distribution channels, streamlined operations and engagement with programmable finance.
Apex Group has made acquisitions to support its objectives outlined, such as tokenisation solutions provider Tokeny, as well three recent hires constituting Daniel Coheur as global head of Digital Assets, Luc Falempin as head of Product & Architecture for Apex Digital and Angie Walker as head of Commercialisation for Apex Digital. They will be responsible for spearheading Apex Digital 3.0.
Apex is extending its stablecoin services to offer a wide range of capabilities to stablecoin issuers on a modular basis, from manufacturing or minting, issuance and distribution to ongoing proof of reserve. This capability and operating model will also be used to offer services to issuers of tokenised money market funds. Apex notes that 24/7 service capabilities will be required by stablecoin issuers aiming for institutional adoption.
Peter Hughes, founder & CEO of Apex Group, commented: “Apex Digital 3.0 is a true milestone for our business, and the extensive financial ecosystem we serve today. Bringing forward investment management products in a format that will enable a new group of investors to have access to them will provide investors with a more diversified portfolio and better risk adjusted returns as well as more retirement security. We aim to enable institutional adoption of digital assets by ensuring that regulatory and compliance requirements are met across the globe and giving confidence to all investors that these new investment products bear a similar risk profile to traditional asset classes when structured institutionally.”
Established out of Bermuda, Apex Group constitutes a footprint in some 52 jurisdictions and servicing some $3.5trn of assets.
