Coinbase picks Apex Group 07 May 2025US Reporter: Clelia Frondaroli
Image: MIND AND I/stock.adobe.com
Coinbase Asset Management (AM) has selected Apex Group to provide fund administration services.
The services will be delivered by Apex Malta, and will be tailored to a range of digital asset strategies as well as Coinbase AM’s newly launched Bitcoin Yield Fund (CBYF).
The companies say that the selection signals the further strengthening of their working relationship, and reflects the growing adoption of digital assets within institutions.
Peter Hughes, founder and CEO of Apex Group, comments: “We’re extremely pleased to strengthen our alliance with Coinbase AM to support the launch of CBYF this month. This fund further expands global access to meet the growing demand for bitcoin yield."
Chief operating officer and chief revenue officer at Coinbase AM, Matt Lundy, adds: "We are thrilled to continue to build on our relationship with Apex Group.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: MIND AND I/stock.adobe.com 