Graham Rodford, CEO and Co-Founder of Archax, has spoken on the X platform to provide clarity on BlackRock and the tokenization of funds on the Hedera blockchain. In the course of the price spike of Hedera’s (HBAR) token that followed the announcement of tokenization of the ICS US Treasury Fund by BlackRock, doubts arose regarding the extent of this company’s involvement in the initiative.
(17/18) If we decide to tokenise, arguably we do not need to approach the investment manager, but we always do as we want long term relationships. The investment manager’s level of involvement can vary but both abrdn and Blackrock were aware that we were tokenising on Hedera.
— Graham (@Grodfather) April 24, 2024
Hedera (HBAR) Price Trend
The information came from the first HBAR Foundation X post, which mentioned that Archax and Ownera had tokenized the BlackRock fund on the Hedera network. However, the post was perceived wrongly by the people from the crypto community, and it was thought
We współpracy z: https://coingape.com/archax-ceo-clarifies-blackrock-role-in-hedera-tokenization/
