Coinbase Asset Management, the investment branch of Coinbase, announced on Monday that it has partnered with Apollo Global Management to expand its stablecoin credit services around the world.
New Ways to Borrow and Invest
According to a release on Coinbase’s blogpost, this will include lending where users can borrow safely using their digital assets as collateral. It also covers direct lending to companies, including traditional businesses and digital-only companies. Another part is tokenized credit products, which let investors put money into Apollo-managed strategies in a digital way.
“The global stablecoin ecosystem, which operates 24/7 on blockchain rails, creates opportunities not available in traditional private credit portfolios.” Anthony Bassili, president of Coinbase Asset Management, said in the release.
Apollo has a lot of experience in lending and tokenized investments. The company has previously worked with Securitize to offer tokenized credit. Apollo also invested in Plume Network, a company that works with real-world digital assets. This experience will help Coinbase deliver credit opportunities to its investors.
The new products are expected to launch in 2026. Coinbase already lets some U.S. customers borrow up to $100,000 using their digital money as security. The partnership will expand access to more borrowers, including fintechs, neobanks, and payment-service companies.
Improving Payments and Expanding Access
Coinbase also said it is exploring new methods to improve digital payments, such as developing fiat-to-stablecoin payouts in collaboration with banking partners like Citi.
According to Christine Moy, partner and head of digital assets, data, and AI strategy at Apollo, “Partnering with CBAM accelerates our vision of tokenizing credit markets and demonstrates how Apollo’s credit expertise and tokenization strategy can power new forms of yield generation.”
Also Read: Coinbase Partners With Citi to Advance Blockchain Payments
