Liberty Global Financial ($WLFI), the cryptocurrency project of US President Donald Trump and his family, continues to achieve new milestones.
Thus, Apex Group, a global asset manager with a management volume of 3.5 trillion dollars, signed a partnership agreement with World Liberty Financial ($WLFI).
Both companies plan to use $WLFIUSD1 stablecoin is a pilot program for transacting tokenized funds.
At the Global Freedom Forum held at Mar-a-Lago, the companies announced that Apex would test $1 as a payment method for subscriptions, cashback, and distributions within its tokenized funds ecosystem.
“…The aim is to facilitate payments and increase operational efficiency for Apex Group’s institutional clientele by integrating regulated stablecoin infrastructure into traditional fund management services.”
Apex also said it was reviewing $WLFIThe plan to list its tokenized assets on the London Stock Exchange Group (LSEG) digital market infrastructure platform. $WLFIMeanwhile, said it plans to launch a mobile app that connects bank accounts to digital asset wallets. The app aims to allow users to manage digital assets, link bank accounts and wallets, and access on-chain services.
Following the announcement of the partnership, $WLFI has seen an increase of up to 25% in the last 24 hours. Even if some analysts claim that this increase is due to the news of the partnership and the $WLFI event at Mar-a-Lago, others suggest it is a “short squeeze” event. $WLFI continues to trade at $0.117.
*This does not constitute investment advice.