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Apex Group Acquires Majority Stake in Tokenization Firm Tokeny Amid RWA Boom
Apex Group Acquires Majority Stake in Tokenization Firm Tokeny Amid RWA Boom
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Apex Group, a financial services giant overseeing more than $3 trillion in assets, has taken a majority stake in Luxembourg-based Tokeny, a leader in institutional tokenization of real-world assets (RWA) on public blockchains. The deal positions Apex for full ownership within three years, building on its initial investment in late 2023.
Terms remain undisclosed, but the MOVE underscores Wall Street’s accelerating embrace of blockchain for assets like bonds and funds. Tokenization is rapidly emerging as the next frontier for capital markets, with traditional finance increasingly bridging the gap to decentralized infrastructure.
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