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HBAR Foundation invests in tokenized Fidelity USD Money Market Fund

HBAR Foundation invests in tokenized Fidelity USD Money Market Fund

Crypto.NewsCrypto.News2025/02/20 16:00
By:By Micah ZimmermanEdited by Jayson Derrick

The HBAR Foundation has announced an investment in Archax’s tokenized shares of Fidelity International’s USD Money Market Fund. 

Archax, the first FCA-regulated digital asset exchange, broker, and custodian, recently tokenized the MMF on the Hedera ( HBAR ) network. 

The tokenized shares, available on the Archax platform, allow institutional investors to gain exposure to the fund through blockchain technology. These digital assets can also serve as proof-of-reserves for stablecoin treasury verification, enhancing transparency within the broader digital finance ecosystem, according to a company announcement.

The move highlights Hedera’s expanding role in institutional tokenization while advancing Fidelity International’s efforts to bring traditional financial products on-chain.

Last December, Hedera integrated Chainlink’s Data Feeds and Proof of Reserve on its mainnet to support DeFi and tokenized real-world assets. This followed a partnership between the HBAR Foundation and Chainlink ( LINK ), giving developers access to high-quality data and on-chain reserve verification.

Strategic investment 

Gregg Bell, Senior Vice President at the HBAR Foundation, emphasized the strategic importance of the investment, stating, “Looking ahead to 2025, real-world asset tokenization will be a key catalyst for blockchain adoption. Our vision for a fully tokenized financial ecosystem aligns with Fidelity International’s commitment to innovation.”

He added that partnering with asset managers like Fidelity International is essential for accelerating institutional adoption.

The investment further strengthens Hedera’s push into institutional markets by leveraging its high-throughput infrastructure. The network’s ability to provide low-cost, fixed-fee transactions makes it an appealing option for financial institutions exploring tokenization.

The collaboration between the HBAR Foundation, Archax, and Fidelity International reflects a broader industry shift toward blockchain-powered financial products. As more institutions explore tokenization, partnerships like this could pave the way for greater adoption of digital asset infrastructure in traditional markets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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