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Apex Group Snaps Up Tokeny in Majority Stake Grab—Real-World Asset Tokenization Heats Up
Apex Group Snaps Up Tokeny in Majority Stake Grab—Real-World Asset Tokenization Heats Up
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Another day, another traditional finance player scrambling for a seat at the crypto table. Apex Group just locked down a controlling stake in Tokeny—a Luxembourg-based tokenization specialist—as institutional FOMO around real-world assets (RWA) hits fever pitch.
Why it matters: Tokeny’s tech lets firms digitize everything from real estate to private equity on-chain. Apex, a $500B+ asset servicer, clearly wants in before Wall Street’s usual suspects turn this trend into another over-engineered, fee-extraction machine.
The bottom line: When legacy finance starts buying blockchain infrastructure, you know the narrative’s shifted. Now watch them slow-walk innovation while collecting management fees.
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