According to Ai 姨 (@ai_9684xtpa), Apollo, a traditional financial giant with over $500 billion in assets under management, has entered the blockchain space through a partnership with Elixir (@elixir). This collaboration will see Apollo venturing into the DeFi market via deUSD, which already boasts partnerships with BlackRock's BUIDL fund and asset management firm Hamilton Lane. The current TVL for deUSD stands at $290 million, signaling strong market confidence.

According to @EmberCN, Elixir has successfully integrated major traditional asset management firms such as BlackRock, Hamilton Lane, and Apollo Global Management into the DeFi crypto economy through its yield-generating stablecoin, deUSD. This integration has occurred within just over three months since Elixir announced the 'deUSD RWA Institutional Plan' in November last year. These firms, known for their substantial asset management capabilities, are now participating in decentralized finance, marking a significant development for the DeFi space.