Apollo Global Management — Tokenized Credit and the Private Wealth Channel
Apollo Global Management, with $733B AUM, is pursuing tokenized credit distribution to access $60 trillion in private wealth currently underallocated to alternatives.
BlackRock — BUIDL and the Institutionalization of Tokenized Finance
The world's largest asset manager at $11.5T AUM launched BUIDL in March 2024, crossing $2.5B in tokenized Treasury assets by February 2026.
Franklin Templeton — FOBXX and the On-Chain Money Market Revolution
Franklin Templeton's FOBXX became the first SEC-registered mutual fund using blockchain for transaction records in 2021, with $700M+ AUM by 2025.
Hamilton Lane — Infrastructure Intelligence for Tokenized Alternatives
Hamilton Lane has raised $150M+ via tokenized fund issuances and estimates that 90% of global wealth currently has zero access to institutional alternatives.
KKR — Tokenizing Private Equity for Accredited Investors
KKR became the first major private equity firm to tokenize a fund when it placed its Health Care Strategic Growth Fund II on the Avalanche blockchain via Securitize in 2022.
WisdomTree — Tokenized Funds and the Blockchain-Native ETF Pioneer
WisdomTree manages $100B+ in AUM and has built WisdomTree Prime, a consumer-facing blockchain investment platform offering SEC-registered tokenized funds.