As the institutional appetite for digital assets continues to grow, Coinbase Asset Management (Coinbase AM) today announced that it has selected Apex Group to handle fund management for its newly launched Coinbase Bitcoin Ildo Fund (CBYF).
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The partnership announced today will result in Apex Malta providing end-to-end digital fund services to CBYF. This choice strengthens the continued alliance between the two companies and reflects a wider shift. Traditional financial infrastructure is increasingly aligned with encryption and native investment vehicles.
“The fund further expands global access to meet the growing demand for Bitcoin yields. We are proud to bring over a decade of digital asset experience to the table and provide a secure and scalable solution that meets fiduciary standards.”
Peter Hughes, Founder and CEO of Apex Group
Institutional momentum and global reach
CBYF arrives when regulatory clarity improves and institutional capital returns to the code. This is driven by the promise of yield, stability and the mainstream appeal of Bitcoin. As a result, managers like Apex have become important to ensure the operational rigor that investors expect.
“The launch of the Coinbase Bitcoin Ildo Fund is meeting incredible demand. Apex’s deep digital assets expertise has enabled us to provide a truly institutional-grade product to investors around the world.”
Matt Lundy, COO, CRO from Coinbase AM
Also backing the fund is Aspen Digital, which seeds CBYF and serves as an exclusive wealth distribution partner in the UAE and Asia. It highlights the fund’s international ambitions.
Apex doubles digital asset infrastructure
With over 13,000 experts across its global office, Apex Group continues to establish itself as a key force in digital asset fund services. This latest move using Coinbase AM shows not only confidence in the potential for Bitcoin yield, but also the infrastructure that is currently being formed around it.
