Coinbase Teams Up with Apollo to Launch Stablecoin Credit Products

Coinbase Asset Management, a subsidiary of Coinbase Global, Inc., has entered into a strategic partnership with Apollo Global Management, a leading alternative asset manager, to develop stablecoin-based credit strategies. The collaboration seeks to unlock new and high-quality credit opportunities within the rapidly expanding stablecoin market while offering institutional investors secure and transparent exposure to blockchain-enabled credit markets. Under this alliance, CBAM and Apollo will jointly design innovative credit investment products that leverage blockchain infrastructure and tokenization technologies, with first offerings expected in 2026.