[Apollo Secures $50 Million Investment to Launch Tokenized Credit Fund]
Apollo has partnered with Centrifuge and Plume to launch the tokenized credit fund ACRDX, securing a $50 million investment from Grove. This fund brings Apollo's credit investments on-chain, offering institutional investors a more convenient and transparent way to participate.
The backlog pushed exit wait times to more than 46 days on Monday, the longest in Ethereum’s short staking history, dashboards show. The last peak, in August, put the exit queue at 18 days.
[Binance May Lift Compliance Oversight by U.S. Department of Justice]
On September 17, according to sources, Binance is close to reaching an agreement with the U.S. Department of Justice, which may result in the removal of its compliance oversight arrangement. Currently, the Department of Justice has not made a final decision on removing the monitor, and the related settlement agreement is still under review.
