Assets under management surged 118% in 2025 to $35 billion, and crypto trading firm Keyrock predicts that the sector could nearly double again by 2026.
The decline in BNB comes as sentiment remains poor, with the Crypto Fear and Greed Index nearing "fear" and the average RSI indicating oversold conditions.
The Ethereum-focused treasury firm is also exploring compliant trading of tokenized shares on decentralized markets as part of its partnership with Superstate.
The fund is a feeder into Apollo's private credit strategy, which includes corporate lending and dislocated credit. It's open only to qualified investors.