BlackRock and State Street Bank have deployed multiple money market funds on the Hedera network through Archax, indicating strong confidence from institutional investors in its compliant infrastructure. Hedera complies with the ISO 20022 standard, further solidifying its position within regulated financial frameworks. This move, along with the approximately $91.88 million capital inflow into the Canary Capital HBAR ETF listed on NASDAQ, reflects the growing recognition of Hedera as an enterprise-grade infrastructure by institutional investors.
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BlackRock and State Street Bank have deployed multiple money market funds on the Hedera network through Archax, indicating strong confidence from institutional investors in its compliant infrastructure. Hedera complies with the ISO 20022 standard, further solidifying its position within regulated financial frameworks. This move, along with the approximately $91.88 million capital inflow into the Canary Capital HBAR ETF listed on NASDAQ, reflects the growing recognition of Hedera as an enterprise-grade infrastructure by institutional investors.