In a groundbreaking move, Archax, in collaboration with the HBAR Foundation and Ownera, has successfully tokenized BlackRock's US Treasury money market fund on the Hedera blockchain. This marks a significant advancement in real-world asset (RWA) management, following a similar achievement by Hedera Council member abrdn last year. The tokenization on Hedera's platform, noted for its speed and security, has notably led to a 46% surge in HBAR's price, hitting a four-week high.
