• Financial giant with $3.5 trillion asset to pilot Trump-affiliated WLFI stablecoin for tokenized funds The financial giant with $3.5 trillion in assets has teamed up with World Liberty Financial to test the USD1 stablecoin for fund flows and tokenized assets. • What to know: Apex Group is partnering with World Liberty Financial, a crypto firm affiliated with President Donald Trump, to pilot WLFI’s USD1 stablecoin as a payment rail in traditional fund operations. • The pilot will test using the USD1 stablecoin for subscriptions, redemptions and distributions across Apex’s tokenized fund ecosystem. • As part of the collaboration, Apex will explore listing WLFI tokenized assets on the London Stock Exchange Group’s Digital Market Infrastructure platform, while WLFI plans a mobile app linking bank accounts to digital asset wallets. • - Apex Group, a global financial services provider overseeing more than $3.5 trillion in assets, has partnered withWLFI$0.1213, the crypto company affiliated with U.S. • President Donald Trump, to pilot the use of a stablecoin in traditional fund operations, the companies announced at the World Liberty Forum at Mar-a-Lago on Wednesday.
Article Summaries:
- Financial giant with $3.5 trillion asset to pilot Trump-affiliated WLFI stablecoin for tokenized funds The financial giant with $3.5 trillion in assets has teamed up with World Liberty Financial to test the USD1 stablecoin for fund flows and tokenized assets. What to know: - Apex Group is partnering with World Liberty Financial, a crypto firm affiliated with President Donald Trump, to pilot WLFI’s USD1 stablecoin as a payment rail in traditional fund operations. - The pilot will test using the USD1 stablecoin for subscriptions, redemptions and distributions across Apex’s tokenized fund ecosyst
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