HBAR Foundation Invests in Tokenized Fidelity USD Money Market Fund

The HBAR Foundation has announced its investment in Archax’s tokenized shares of Fidelity International’s USD Money Market Fund. Archax, a FCA-regulated digital asset exchange, broker, and custodian, recently tokenized the MMF on the Hedera network. These tokenized shares, available on Archax’s platform, provide institutional investors with exposure to the fund through blockchain technology. Additionally, they can serve as proof-of-reserves for stablecoin treasury verification, enhancing transparency within the digital finance ecosystem.

This move highlights Hedera’s expanding role in institutional tokenization and aligns with Fidelity International’s push to bring traditional financial products on-chain. Hedera’s integration of Chainlink’s Data Feeds and Proof of Reserve on its mainnet supports DeFi and tokenized real-world assets, helping developers access high-quality data and on-chain reserve verification.

Gregg Bell, Senior Vice President at the HBAR Foundation, emphasized the strategic importance of the investment, noting that real-world asset tokenization will be a key catalyst for blockchain adoption by 2025. This investment strengthens Hedera’s push into institutional markets, leveraging its high-throughput infrastructure and low-cost, fixed-fee transactions, making it an appealing option for financial institutions exploring tokenization.

The collaboration between the HBAR Foundation, Archax, and Fidelity International reflects a broader industry trend toward blockchain-powered financial products. As more institutions explore tokenization, partnerships like this one could play a pivotal role in the wider adoption of digital asset infrastructure in traditional markets.