Apex Group Touts Tokenization as Private Credit Solution
The CEO of Apex Group believes that tokenization is the key to unlocking private credit and making it more accessible to family offices and wealth managers. Peter Hughes, who leads the firm, thinks that tokenization has been sitting on the blockchain this whole time.
Apex Group administers over $3.5 trillion in assets across 52 countries. To address the distribution problem of private credit, they're building infrastructure. They acquired a majority stake in Tokeny and have launched Apex Digital 3.0, which handles tokenized asset lifecycles.
The firm aims to facilitate real investment access, not speculative trading. An Apex survey found that 50% of asset managers have adopted tokenization strategies, with private credit and private equity emerging as the most popular use cases.