The $400 billion asset manager is expanding its investments strategy to include bitcoin and ether.
The Hong Kong-based crypto lender says new CFO Edmond Lau will oversee $500 million in assets under management.
Apollo Global Management will collaborate with Figure on blockchain applications across the investment lifecycle.
The Series B round values the firm at $500 million.
Following its $1.2 billion BitGo acquisition, Galaxy is adding a data-focused asset management firm.
The talks are at a high level and informal at this stage, said one of the sources.
The four funds will buy bitcoin, ether and equity in crypto or mining firms.
The Edinburgh, Scotland-based company was also an early investor in tech giants Tesla and Google.
Clayton was named chair after longtime Apollo chief Leon Black unexpectedly called it quits Monday.
The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.
The asset manager's chief investment officer says institutional interest in DeFi tokens is ramping up.
The head of the world's largest asset manager has provided a bullish take on the world's first cryptocurrency.
Traditional 60/40 portfolio allocations to equities and bonds is doing a disservice to savers. It’s time for a new type of hedge.
KPMG has built a suite of tools designed to make it easier to collate and query data from both traditional databases and blockchains, allowing for streamlined cryptoasset management.
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses.