{"id":10957,"date":"2023-12-11T16:36:00","date_gmt":"2023-12-11T16:36:00","guid":{"rendered":"https:\/\/www.fundsspectrum.com\/2023\/12\/11\/apollo-capital-management-a-formidable-competitor-by-expanding-its-investment-portfolio-into-the-cryptocurrency-industry\/"},"modified":"2023-12-11T16:36:00","modified_gmt":"2023-12-11T16:36:00","slug":"apollo-capital-management-a-formidable-competitor-by-expanding-its-investment-portfolio-into-the-cryptocurrency-industry","status":"publish","type":"post","link":"https:\/\/www.fundsspectrum.com\/2023\/12\/11\/apollo-capital-management-a-formidable-competitor-by-expanding-its-investment-portfolio-into-the-cryptocurrency-industry\/","title":{"rendered":"Apollo Capital Management \u2013 a formidable competitor by expanding its investment portfolio into the cryptocurrency industry."},"content":{"rendered":"
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United States, 11th Dec 2023, <\/strong>King NewsWire<\/strong><\/a> \u2013 <\/strong>Apollo Capital Management, is one of the long-standing asset management funds in the United States, with its predecessor being a traditional fund investing in stocks and forex markets. With the transfer of management authority to Mr. Peter Morgan, Apollo Caps has undergone significant changes internally and in its investment strategy. The company has publicly announced and taken strong actions indicating its entry into the cryptocurrency investment race, which has garnered considerable user concern.<\/p>\n

Apollo Caps took over two companies: ThetradeUS and Accelero\u00a0 in 2017 and has had a deep understanding of the cryptocurrency market since its primitive stages. Therefore, the company is very confident in expanding its portfolio into crypto. Currently, the fund has surpassed $20 million in assets under management in the crypto portfolio. This milestone comes at a time when many consider it a turning point for the cryptocurrency industry, witnessing positive developments, strong market performance, and increasing interest from investors. Notably, we have seen a strong price recovery from both bitcoin and altcoins in recent days, marking the potential of this market, which cannot be ignored.<\/p>\n

Since investing in crypto, the team of experts and founders at Apollo Caps has assessed the potential impact of crypto on portfolio diversification and explored ways to approach a new and growing industry through experience in valuation and M&A strategies.<\/p>\n

\u201cWe are proud that our investment experts continue to believe in Apollo Caps joining the Bitcoin and digital asset economy. We appreciate our partners and investors for trusting Apollo Caps\u2019 investment strategy,\u201d said Mr. Peter Morgan,\u00a0\u00a0Global Asset and Risk Management\u00a0at Apollo Capital.<\/p>\n

Apollo Caps\u2019 investment portfolio is divided into three areas: stocks, forex, and crypto. They use a gold ratio to allocate capital at 40-30-30, where 40% is focused on blue-chip stocks backed by the government, the remaining 30% each is allocated to forex and crypto investments. \u201cWe are considering changing this ratio to prioritize the cryptocurrency industry. However, all decisions will be seen by time\u201d said Filip Taylor, a financial expert at Apollo Caps.<\/p>\n

The current ecosystem of Apollo Caps includes four products: Social Network, Mining, Jackpot, and the development of a DEX platform. The gestation period of the ecosystem marks a milestone in the transformation from a traditional fund to a progressive one for Apollo Caps. It is also evidence of Filip Taylor\u2019s statement, as he and the founder\u2019s team plan to change the gold ratio in capital allocation.<\/p>\n

The company has planned to convert internal stocks into tokens to serve this transformation, allowing the public to access and own the fund\u2019s tokens. They also plan to integrate tokens into the fund\u2019s ecosystem to increase the token\u2019s value and profits for investors. Apollo Caps is working with various service providers and technology solutions as a way to innovate quickly in the crypto market, with contributions from Moorgate Benchmarks, a London-based index calculation and management company, and Exchange Traded Concepts, a technology and investment solutions provider for the financial services industry.<\/p>\n

Telegram support: @ApolloAssetINCSupport<\/p>\n

Community: @ApolloAsset_Group<\/p>\n

Announcements: @Apollo_Asset<\/p>\n

X (Twitter): https:\/\/twitter.com\/ApolloCaps<\/p>\n

Blog: https:\/\/www.tumblr.com\/apolloassetinc<\/p>\n

Reddit: https:\/\/www.reddit.com\/u\/ApolloAssetINC<\/p>\n

Media Contact<\/h3>\n

Organization<\/b>: Apollo Capital<\/p>\n

Contact Person<\/b>: Apollo Capital<\/p>\n

Website<\/b>: https:\/\/apollocaps.com<\/a><\/p>\n

Email<\/b>: Send Email<\/a><\/p>\n

Country<\/b>: United States<\/p>\n

Release Id<\/b>: 1112238261<\/p>\n

The post Apollo Capital Management \u2013 a formidable competitor by expanding its investment portfolio into the cryptocurrency industry.<\/a> appeared first on King NewsWire<\/a>. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0 \u00a0 United States, 11th Dec 2023, King NewsWire \u2013 Apollo Capital Management, is one of the long-standing asset management funds in the United States, with its predecessor being a traditional fund investing in stocks and forex markets. With the transfer of management authority to Mr. Peter Morgan, Apollo Caps has undergone significant changes internally […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[],"class_list":["post-10957","post","type-post","status-publish","format-standard","hentry","category-vehement-finance-news-network"],"_links":{"self":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts\/10957"}],"collection":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/comments?post=10957"}],"version-history":[{"count":0,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/posts\/10957\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/media?parent=10957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/categories?post=10957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundsspectrum.com\/wp-json\/wp\/v2\/tags?post=10957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}