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Apex Group Partners with WLFI to Pilot USD1 in Tokenized Fund System
Apex Group, which manages $3.5 trillion in assets, has announced a partnership with WLFI, the Trump family's decentralized finance (DeFi) project, to test USD1 as a payment method for fund transactions within Apex's tokenized fund system. According to NS3.AI, this collaboration was revealed at the World Liberty Forum held in Mar-a-Lago. Apex is also considering the possibility of listing WLFI's tokenized assets on the London Stock Exchange Group's digital platform. Additionally, WLFI is planning to introduce an app that will connect bank accounts with digital wallets.
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