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Stock impact report

Global Leading RWA Network Plume Lowers the Barrier for Korean Institutional Investment Through the KRW1 Stablecoin [Globe and Mail, The (Toronto, Canada)]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
by leading digital asset custody firm BDACS (Beyond Digital Asset Custody Service). Through this collaboration, Korean investors and institutions gain the foundation to make payments and investments directly in Korean won (via KRW1) across Plume's ecosystem. "Plume currently operates one of the world's largest RWA ecosystems, with more than 280,000 RWA holders and $645 million in RWAs. By adding KRW1 as a payment and investment instrument, we are opening a new pathway, particularly for Korean institutional investors, to enter the RWA market using a non-USD currency," said Teddy Pornprinya, Co-Founder and Chief Business Officer (CBO) of Plume. Plume's decision to select the Korean won as its first non-USD currency reflects Korea's regulatory readiness and institutional demand. Following amendments to the Capital Markets Act and the Electronic Securities Act last year, Korea introduced a tokenized securities (STO) framework that brings security tokens into the regulated financial Show less Read more
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