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17:03
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.
16:49
Euronext reports Q4 revenue of 460.8 million euros, beating analyst expectations of 454.5 million euros.
Adjusted EBITDA for the fourth quarter was 275 million euros, while analysts expected 274.3 million euros. Adjusted expenses for 2026 (excluding D&A) are expected to be approximately 770 million euros.
16:49
Bank of America is expanding the coverage of its rewards program to encourage customers to increase their business with the bank.
This is part of the bank’s efforts to achieve the financial goals promised to investors last year. Bank of America executives stated that the bank will allow all customers with checking accounts to enjoy rewards and discounts, regardless of their account balance. Previously, customers needed to hold at least $20,000 to enjoy the first-tier rewards, and as the amount of funds retained in the bank increased, the value of the rewards would also increase accordingly. In order to attract new users and retain existing ones, Bank of America has also waived certain fees, enhanced fraud monitoring services, and provided other preferential measures. All of these are part of the bank’s broader goal to expand its consumer business division. Bank of America has pledged to double the profits of this division to $20 billions by the end of this decade. Executives expect the revamped rewards program to add 30 millions consumer customers to the existing 11 millions users.
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