Coinbase AM Taps Apex Group for Bitcoin Yield Fund Admin as Institutional Demand Heats Up
By: cryptonews|2025/05/08 01:15:03
0
Share
As the institutional appetite for digital assets continues to grow, Coinbase Asset Management (Coinbase AM) has annoucned today that they've selected Apex Group to handle fund administration for its newly launched Coinbase Bitcoin Yield Fund (CBYF). — The partnership, announced today, will see Apex Malta provide end-to-end digital fund services for CBYF—a product designed to give institutions exposure to yield-generating strategies built on Bitcoin. The selection strengthens an ongoing alliance between the two firms and reflects a broader shift: traditional financial infrastructure is increasingly aligning with crypto-native investment vehicles. “This fund further expands global access to meet the growing demand for Bitcoin yield. We’re proud to bring over a decade of digital asset experience to the table, delivering secure and scalable solutions that meet fiduciary standards.” Peter Hughes, Founder and CEO of Apex Group Institutional Momentum and Global Reach CBYF arrives at a time when regulatory clarity is improving and institutional capital is flowing back into crypto—driven by the promise of yield, stability, and Bitcoin’s mainstream appeal. As a result, administrators like Apex are becoming critical to ensuring the operational rigor that investors expect. “The launch of the Coinbase Bitcoin Yield Fund has been met with incredible demand. Apex’s deep digital asset expertise has allowed us to deliver a truly institutional-grade product to global investors.” Matt Lundy, COO and CRO of Coinbase AM Also supporting the fund is Aspen Digital, which seeded CBYF and will act as the exclusive wealth-distribution partner in the UAE and Asia—highlighting the fund’s international ambitions. Apex Doubles Down on Digital Asset Infrastructure With over 13,000 professionals across global offices, Apex Group continues to position itself as a leading force in digital asset fund servicing. This latest move with Coinbase AM not only signals confidence in Bitcoin’s yield potential, but also the infrastructure now forming around it.
You may also like

AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending

Binance Cracks Down on Market Makers, a Long-overdue Trial
True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?
「There is no middle ground; the result will definitely be one of two extremes.」

Hollywood's AI Necromancy: Death Is No Longer the End of Labor
Post-Mortem Economics

a16z: DeFi Struggling to Support a True Financial Market
More important than throughput is the determinism and fairness of transaction execution.

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF
Overview of Important Market Events on March 25

Kalshi early employees: Whoever controls the traffic controls the market
Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%
USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.

Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure
Explore Aethir Claw, an easy-to-deploy AI agent solution that offers fully isolated VPS, encrypted payments, and highly competitive pricing.

Why Buying Gold Can Lead to Bankruptcy
"There is no issue with 'buying gold,' the issue is 'buying whose gold.'"

If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?
During the US-Iran war, as the bond market exhibited a **"meltdown"** scenario, Bitcoin's upward momentum is showing signs of exhaustion.

Circle Plunges 20%: Crypto Earthquake Triggered by Draft Proposal
Compliance gave Circle both a suit of armor and a ball and chain.

After the Smoke Clears: 5 Possible Endings to the Middle East Conflict
The Crown Prince in Exile for Half a Century, Set to Return to Tehran?

Stablecoin Yields Discontinued, Circle Plunges 20% in One Day
Tightening Regulations and Increased Competition Lead Market to Reassess Stablecoin Business Models

AI Wired into War Machine | Rewire News Nightly
Anduril and Palantir are collaborating on the development of the core software for the Golden Dome anti-missile system, with a project budget of $18.5 billion.

Web3 is sick, but the cure is not AI
Encryption may have wasted too many years, and the current AI anxiety is merely a stress response of an industry that has overdrawn its narrative after facing external shocks.
AI Seating Chart Released | Rewire News Morning Brief
Musk and Ultraman are not above
Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain
Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.
Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives
The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending
Binance Cracks Down on Market Makers, a Long-overdue Trial
True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.
Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?
「There is no middle ground; the result will definitely be one of two extremes.」
Hollywood's AI Necromancy: Death Is No Longer the End of Labor
Post-Mortem Economics
