Apex Group pilots Trump-linked WLFI stablecoin USD1 for tokenized fund flows

Apex Group, with assets under management reaching $3.5 trillion, has partnered with World Liberty Financial to pilot WLFI's USD1 stablecoin as a payment channel for traditional fund operations. The pilot includes testing the use of the USD1 stablecoin for subscriptions, redemptions, and distributions within Apex's tokenized fund ecosystem. In addition, Apex will explore listing WLFI tokenized assets on the London Stock Exchange Group's digital market infrastructure platform. WLFI also plans to launch a mobile application that connects bank accounts with digital asset wallets.