Global financial services provider Apex Group has announced a partnership with World Liberty Financial (WLFI) to pilot the USD1 stablecoin across parts of its fund administration infrastructure. The project, which was unveiled at the World Liberty Forum in Mar-a-Lago, is among the most recent instances of conventional finance considering blockchain-based settlement.
Apex provides operational and administrative services to institutional clients, such as hedge funds, banks, pension funds, and family offices. It manages more than $3.5 trillion in assets.
The USD1 stablecoin will be tested as a payment method for fund subscriptions, investor redemptions and distribution payouts throughout the trial. The goal is to reduce settlement delays often associated with cross-border payments while simplifying reconciliation processes.
The project aligns with Apex’s broader strategy of integrating tokenization into its service offering. Tokenized funds can improve transparency, enable fractional ownership and allow near-instant settlement compared to conventional market infrastructure. As demand for real-world asset tokenization grows, service providers like Apex are positioning themselves as key infrastructure layers.
The partnership also builds on Apex’s recent acquisitions of Tokeny and Globacap. Tokeny provides technology for issuing and managing tokenized securities, while Globacap expands Apex’s regulated distribution capabilities in the United States. Together, these acquisitions strengthen the firm’s ability to support asset managers want to use investment structures based on blockchain.
As part of the collaboration, Apex will assess the possibility of listing WLFI tokenized assets such as real estate and infrastructure investments on the London Stock Exchange Group’s Digital Market Infrastructure platform. Regulatory approval will be required before any such listings.
WLFI is also planning to introduce a mobile application linking traditional bank accounts with digital wallets. The goal of this integration is to facilitate easy transfers between fiat and digital assets and to make it easier for investors to access tokenised holdings.
If operational gains are seen, industry veterans see the trial as a test case for stablecoins in institutional fund procedures, which might lead to wider adoption.
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