Hedera Hashgraph Secures Major Institutional Validation with Money-Market Fund Deployments

Hedera Hashgraph (HBAR) has experienced a substantial boost in adoption after major financial institutions BlackRock and State Street deployed multiple money-market funds on the network. This development highlights the growing recognition of HBAR's capabilities among institutional investors.

The deployment of these funds was facilitated by Archax, a crypto custodian that operates as an institutional crypto brokerage for both BlackRock and State Street. By leveraging this partnership, Hedera has demonstrated its ability to meet the needs of traditional financial institutions seeking digital solutions.