europa7
1 day ago
Hedera Network Facilitates First Transaction of Tokenization of BlackRock’s ICS US Treasury Fund with Square and ArchaxEx
https://www.crypto-news-flash.com/hedera-network-facilitates-first-transaction-of-tokenization-of-blackrocks-ics-us-treasury-fund-with-square-and-archaxex/?feed_id=31741&_unique_id=662b93d22bd26
NOTE: will be interesting to find out if 'social media parasites' and/or so-called 'crypto news reporters' exploited this situation to 'profit' from 'short-selling' or 'gaslighting' attempts to undermine HBAR (cui bono???)...apparently some folks on X/Twitter have reported alleged 'suspicious activity' to the SEC and CFTC...the plot thickens as they say...
Further Developments and Impact
"...Despite the lack of a direct partnership, the tokenization process continued with Archax and Ownera leading the charge. Hedera confirmed via a tweet that the initial transaction involving tokenized shares of BlackRock’s ICS US Treasury Money Market Fund had been completed on its network.
This advancement occurred amidst market corrections, which reflect the crypto sector’s typical rapid shifts due to news flow and investor perceptions.
In a subsequent update, Archax CEO Graham Rodford provided additional insights, stating that while the decision to tokenize on Hedera was made independently, both abrdn and BlackRock were informed. This communication underscores the desire for maintaining long-term relationships within the industry, despite varying degrees of managerial involvement.
Conclusion and Current Market Status
This series of events highlights the intricate dynamics of cryptocurrency markets, where even rumors can lead to significant price fluctuations. The clarity provided by BlackRock and subsequent confirmations by Archax have helped stabilize perceptions but also illustrate the ongoing challenges in achieving transparency in the fast-evolving blockchain ecosystem.
Currently, Hedera (HBAR) has experienced an exponential surge by 2.05% in the past day and 40.05% in the past week, trading at a price of $0.1159. This recent price data indicates a notable recovery, further demonstrating the market’s responsiveness to developments within the sector..."
(see article for more details)
europa7
3 days ago
"...BlackRock Fund On Hedera..."
🎙 #ChainLeakPodcast 🎙
🚨 BlackRock Fund On Hedera 🚨
Featuring @ArchaxEX
Special Guest @Grodfather
Watch on #YouTube
📲 - https://t.co/BZfMLP0T7i
Listen on #Spotify
🎧 - https://t.co/aYr2keUhAw#RWA #RealWorldAssets#Hedera #HBAR $HBAR pic.twitter.com/dSERTNR4Vn— Joshuwa Roomsburg (@JoshRoomsburg) April 25, 2024
Facilitated by @ArchaxEx, shares of @BlackRock’s ICS US Treasury money market fund are now tokenized on the #Hedera network. #RWA
The first transaction of tokenized shares was completed across the @OwneraIO #DigitalAsset network.
It’s as simple as that.— Hedera (@hedera) April 25, 2024
We wanted to provide some clarification surrounding Tuesday's announcement:
The @ArchaxEx team, in partnership with @OwneraIO, has tokenized its shares of the @BlackRock ICS US Treasury MMF and selected @Hedera.https://t.co/574NfPdc1P— HBAR Foundation (@HBAR_foundation) April 25, 2024
New @CoinDesk article about @Hedera X @ArchaxCrypto X @BlackRock
This is a fairer piece, what do you think? #Hedera #Hbar #HBARbarians
👇🏻https://t.co/8KLiWf8myZ— Max Walker-Williams (@MWalkerWilliams) April 25, 2024
europa7
4 days ago
update from Hedera marketing leader...
Christian Hasker
@chasker
I work @swirldslabs, doing the marketing things for @Hedera; the fastest, greenest, most secure public distributed ledger, built on #hashgraph.
https://twitter.com/chasker
Christian Hasker
@chasker
"...This should be the end of any speculation to the contrary about whether or not @BlackRock knew. I appreciate @ArchaxEx and @Grodfather’s professionalism..."
This should be the end of any speculation to the contrary about whether or not @BlackRock knew. I appreciate @ArchaxEx and @Grodfather’s professionalism. https://t.co/szVfihyk47— Christian Hasker (@chasker) April 24, 2024
europa7
4 days ago
update from Archax CEO providing factual clarification...re recent events...and other useful info
Graham
@Grodfather
CEO, Co-founder of Archax Ltd. First UK registered cryptoasset, trading venue and regulated digital asset exchange for all your RWA needs. https://archax.com
"...Fund tokenisation, a thread (which may help with some confusion). Let me set the scene – and please stay with me to the end...
@archaxex is an FCA regulated broker, custodian and exchange, and registered cryptoasset provider in the UK..."
(1/18) Fund tokenisation, a thread (which may help with some confusion). Let me set the scene – and please stay with me to the end...@archaxex is an FCA regulated broker, custodian and exchange, and registered cryptoasset provider in the UK.— Graham (@Grodfather) April 24, 2024
Archax and The HBAR Foundation Extend Partnership for Staking and Real-World Asset Tokenisation
Building on their existing work of Hedera network integration and HBAR custody
https://blog.archax.com/resources/archax-and-the-hbar-foundation-extend-partnership-for-staking-and-real-world-asset-tokenisation
Tokenizing the Future: How abrdn is Utilizing Blockchain Technology for Fund Tokenization
https://hedera.com/how-abrdn-is-utilizing-blockchain-technology-for-fund-tokenization
More Funds Will be Tokenized
https://www.globaltrading.net/more-funds-will-be-tokenized/
Why we need to move to public blockchain
https://www.ledgerinsights.com/tokenization-public-blockchain-abrdn/
I like blockchain but I hate crypto
"The traditional corporate world needs to progress their understanding of blockchain technology and cryptocurrencies beyond the headlines."
https://www.abrdn.com/en-gb/corporate/news-and-insights/i-like-blockchain-but-i-hate-crypto
"...Greater blockchain adoption means increased demand for its cryptocurrency..."
DUNCAN MOIR
SENIOR INVESTMENT MANAGER, ALTERNATIVE INVESTMENT STRATEGIES AT ABRDN
https://www.parisblockchainweek.com/speakers/moir
About
Duncan is a Senior Investment Manager on the Alternatives team at abrdn. He is responsible for the development of abrdn’s digital asset strategy and represents abrdn on the Hedera Hashgraph governing council. Duncan also leads abrdn’s systematic hedge fund offerings and has previously invested in a range of hedge fund strategies. Duncan graduated with a BA (Hons) in Economics from the University of Strathclyde and is a CFA and CAIA charterholder.
Vulcanized Crawler
5 days ago
on apr one, the price was much lower than today and elon did buy. i thought at the time he did NOT buy enough. so i bot more for me cuz i know hbar. evidently elon does too. he plays the game of deception, especially on key days of the year, just to fool those who can be fooled easily. do you think because what he uses for space x, influences his investment decisions? next up, batteries that last indefinitely and only require a charge every year. are you listening elon? a little hydrogen will go a long ways also...got some ECSL in your back pocket?
europa7
5 days ago
did somebody say Elon...? you might be interested in this...
WISeKey Joins Forces with The Hashgraph Association to Offer Trusted NFT Solutions via its WISe.ART Platform Built on Hedera
https://www.wisekey.com/press/wisekey-joins-forces-with-the-hashgraph-association-to-offer-trusted-nft-solutions-via-its-wise-art-platform-built-on-hedera/
SEALSQ Unveils Crypto Wallet Security Enhancement to Combat Quantum Computing Threats, Critical to the Security of any Bitcoin Wallet Containing 128 Bits of Entropy
https://www.globenewswire.com/news-release/2024/03/05/2840570/0/en/SEALSQ-Unveils-Crypto-Wallet-Security-Enhancement-to-Combat-Quantum-Computing-Threats-Critical-to-the-Security-of-any-Bitcoin-Wallet-Containing-128-Bits-of-Entropy.html
"...Cryptocurrency transactions are inherently secure thanks to blockchain technology, yet they remain a target for cybercriminals adept at creating schemes to extract wallet key phrases. To counter these efforts, SEALSQ has partnered with its parent company, WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY) to develop a proof-of-technology for a crypto wallet on the Hedera blockchain..."
Launch SEALCOIN from $LAES Davos and use case connecting with our Satellites
Carlos Creus Moreira -- Founder and CEO WISeKey.com NASDAQ:WKEY and SEALSQ.com NASDAQ:LAES
https://www.linkedin.com/posts/carloscreusmoreira_in-my-recent-discussion-with-elon-musk-the-activity-7091789406428168193-IAb9/
"...In my recent discussion with Elon Musk, the primary focus was the continuous use by WISeKey, SEALSQ, of SpaceX as so far we launched already 17 wisestas low orbit satellites in cooperation with Fossa, a startup that wisekey funded in 2020 as together we are seeking to enhance global, uninterrupted access to digital identities for people and objects . This project aims to strengthen the decentralization of identity data management, reducing the dependency on central databases, and paving the way for users to truly own their digital identities.
The proposal under discussion involves the launch of more low orbit satellites, leveraging SpaceX's industry-leading expertise. These are already part of a network facilitating a secure, globally accessible infrastructure for managing digital identities.
This proposal doesn't just involve individuals; it extends to 'smart objects,' such as IoT devices. Just as individuals should have control and ownership of their digital identities, they should also have the authority to manage and control the digital identities of objects they own. The technology being developed by WISeKey and SEALSQ is pioneering in this respect.
Our goal is to bring about a shift in digital identity management, enabling users to have seamless access to their identities anywhere, anytime, while ensuring their data remains secure and private.
We believe this approach offers an enhanced layer of privacy and security to the digital identity realm. Such collaboration will go a long way towards revolutionizing how we perceive and manage digital identities, both of individuals and objects..."
europa7
5 days ago
Ownera...Archax...Hedera...
***
Archax Increases Tokenised Money Market Fund Offerings On Hedera
https://www.hbarfoundation.org/blog-post/archax-increases-tokenised-money-market-fund-offerings
"...Ami Ben David, CEO and co-founder of Ownera, adds: “Using a simple Ownera Buy-Side Router, suitable banks of all sizes, wealth managers, asset managers, broker-dealers, RIAs (registered investment advisors), and exchanges can route transactions to the tokenized MMFs offered by Archax. This is another step towards realising the vision we share with Archax and other partners across the ecosystem, of a global institutional tokenized assets ecosystem with market-wide access, distribution and liquidity.”
With all the excitement in the marketplace around real-world-asset (RWA) tokenisation, funds are certainly front and centre as a use case. MMFs are particularly prominent too, as these provide benefits to and serve both the Traditional Finance (TradFi) tokenised world as well as the pure crypto space..."
US Bancorp invests in Ownera, a digital asset startup backed by JP Morgan
March 1, 2023 by Ledger Insights
https://www.ledgerinsights.com/us-bancorp-ownera-digital-asset-tokenization/
price_and_volume
1 month ago
DeFi continues growing, and Hedera does too.
The post included an in-depth "analysis" for those interested.
Maybe some are, but I know most aren't - similar to when I started this board several yrs ago.
I hold $HBAR, but I'm aware $HBAR ain't everyone's cup of tea and I have no interest in convincing anybody it's worth buying.
I'm heavy in shitcoins like $WIF & $DOGE, but wouldn't recommend them to anyone either as I trade moves more than beliefs.
To each his own, and GL w/ all your positions.
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
Stewguts
2 days ago
starkd748
4 days ago
delerious1
5 days ago
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