⚯ Michel de Cryptadamus ⚯<p><a href="https://universeodon.com/tags/Apollo" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Apollo</span></a>, one of the largest private equity / private credit companies on the planet (they manage half a trillion dollars, more than the GDP of many countries) is about to build a marketplace to dump their (overvalued) investments on the public.</p><p>realistically at the valuations they are currently giving these assets - valuations other investors would not pay for them - dumping everything on the public is their best way out of the pickle they have found themselves in.</p><p>this will be completely legal because they will "tokenize" these assets "on the <a href="https://universeodon.com/tags/blockchain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>blockchain</span></a>", which will mean the <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> has no oversight over this new market. standard disclosures about ownership, cash flows, and so one will not be required.</p><p>this is why the private equity industry (in particular <a href="https://universeodon.com/tags/Blackrock" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Blackrock</span></a>, the other 200 kg gorilla in the field) has been super gung ho about "<a href="https://universeodon.com/tags/tokenization" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tokenization</span></a>".</p><p><a href="https://www.bloomberg.com/news/articles/2025-02-05/apollo-plans-to-build-the-first-marketplace-for-private-credit" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bloomberg.com/news/articles/20</span><span class="invisible">25-02-05/apollo-plans-to-build-the-first-marketplace-for-private-credit</span></a></p><p><a href="https://universeodon.com/tags/privateEquity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>privateEquity</span></a> <a href="https://universeodon.com/tags/privatecredit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>privatecredit</span></a> <a href="https://universeodon.com/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markets</span></a> <a href="https://universeodon.com/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://universeodon.com/tags/ApolloAssetManagement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ApolloAssetManagement</span></a></p>