The HBAR Foundation has announced an undisclosed investment in the Archax-tokenized Fidelity International Dollar Money Market Fund. The investment follows the recent tokenization of MMFs on the Hedera network by Archax, the first FCA-regulated digital asset exchange, broker, and custodian, and a distributor of Fidelity International funds. These tokenized shares are available on the Archax platform, allowing investors to gain exposure to assets through a blockchain-powered mechanism.
On December 5th, some counterfeit products such as HBAR, XLM, XRP, ALGO and ADA have risen sharply, rising by more than 250% in 30 days, and the funding rate of perpetual futures contracts has risen to between 4% and 6% per month. This situation reflects the increase in leverage usage, making the current price level vulnerable to a large correction. While high funding rates may indicate optimism and further growth potential for counterfeit products, they also increase risk for traders, forming a...
The market shows that HBAR has broken through $0.22 and is now quoted at $0.222, a 24-hour increase of 33.5%. The market is volatile, so please do a good job in risk control.
Cryptocurrency custodian Copper has partnered with Hedera to expand institutional access to HBAR tokens. Copper will provide custody and staking services for HBAR tokens and provide institutional users with access to DeFi through its ClearLoop and Connect platforms.