HBAR Foundation invests in tokenized Fidelity USD Money Market Fund

HBAR Foundation invests in tokenized Fidelity USD Money Market Fund


The Hbar Foundation has announced an investment in Archax’s tokenized actions of the Fidelity International USD money market.

Archax, the first exchange of digital assets regulated by the FCA, broker and guardian, recently judged the MMF on the Hedera (Hbar) network.

Tokenized actions, available on the Archax platform, allow institutional investors to expose themselves to the fund via blockchain technology. These digital assets can also serve as proof of reserve for the verification of the Stablecoin treasure, improving transparency within the wider digital financing ecosystem, according to to a business announcement.

This decision highlights the growing role of Hedera in institutional tokenization while progressing the efforts of Fidelity International to provide traditional chain financial products.

Last December, Hedera integrated Chainlink data data and proof of reserve on his Mainnet to take charge of the active world of real world and tokenized. This follows a partnership between the Hbar and ChainLink Foundation (LINK), giving developers access to high quality data and reserve check on chain.

Strategic investment

Gregg Bell, main vice-president of the Hbar Foundation, stressed the strategic importance of investment, declaring: “In 2025, the tokenization of real assets will be a key catalyst for the adoption of blockchain. Our vision of a fully tokenized financial ecosystem aligns with the commitment of Fidelity international towards innovation. »»

He added that the partnership with asset managers like Fidelity International is essential to accelerate institutional adoption.

The investment further strengthens Hedera’s push in the institutional markets by taking advantage of its broadband infrastructure. The network’s ability to provide low -cost transactions and actually sets an attractive option for financial institutions exploring tokenization.

The collaboration between the Hbar, Archax and Fidelity International Foundation reflects a broader change from the industry to financial products powered by blockchain. While more and more institutions are exploring tokenization, partnerships like this could pave the way for greater adoption of the digital asset infrastructure on traditional markets.

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