Hedera Hashgraph is a public network based on distributed ledger technology (DLT), developed for businesses and companies as a platform for decentralized services and applications. Hedera positions itself as a third–generation public network, the next stage in the development of bitcoin and Ethereum. The strengths of the project include high scalability, security, smart contracts, energy efficiency and low usage fees.

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Digital asset exchange tokenises stake in £16bn abrdn money market fund

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FCA regulated #DigitalAsset exchange, broker and custodian  Archax today announced that it has created a tokenized representation of its interests in abrdn’s flagship £multi-billion money market fund using Hedera! #tokenization

"It is exciting to see a tangible application of Archax's tokenization engine working with #Hedera and it paves the way for us to look at creating other digital, #blockchain-based token investment solutions." - Russell Barlow, Global Head of Alternatives

Read more ➡️ https://www.investmentweek.co.uk/news/4117523/digital-asset-exchange-tokenises-stake-gbp16bn-abrdn-money-market-fund