Coinbase Asset Management (CBAM) has announced a strategic partnership with Apollo Global Management, a major alternative investment firm. The collaboration will focus on developing a range of stablecoin-backed credit products and tokenized lending solutions specifically designed for institutional investors. This initiative aims to merge the security and transparency of blockchain infrastructure with the scale of institutional credit markets, addressing the growing demand for regulated, yield-generating digital asset opportunities. The partnership will leverage Apollo's extensive expertise in private credit and structured finance to create tokenized products that connect traditional fixed-income investments with blockchain-based financial systems. The first products from this collaboration are anticipated to launch in 2026, targeting institutions seeking exposure to stablecoin-backed yields and blockchain-verified collateral management.