Coinbase joins Apollo to bring stablecoin credit to institutional markets
Coinbase Asset Management and Apollo are partnering to develop stablecoin-backed credit products for institutional investors by 2026.Summary
Coinbase Asset Management (CBAM), the institutional division of Coinbase Global, has formed a strategic partnership with Apollo Global Management to create stablecoin-based credit strategies aimed at qualified investors. This collaboration seeks to integrate the stablecoin, private-credit, and tokenization sectors to generate high-quality, blockchain-native credit opportunities. CBAM will utilize Apollo's expertise in credit underwriting and tokenization to build new lending and investment products, which are anticipated to launch in 2026. The planned offerings include over-collateralized asset loans, corporate direct lending secured by digital collateral, and tokenized credit holdings backed by Apollo-managed portfolios, all designed to adhere to GENIUS-Act standards with transparent audits and 1:1 reserves.
(Source：Crypto Briefing)