Archax Tokenizes BlackRock Fund on Hedera

London-based Archax, the first FCA-regulated digital asset custodian and exchange, has extended its tokenization services to BlackRock ICS US Treasury Money Market Fund (MMF) on the Hedera blockchain. This service is developed in collaboration with the HBAR Foundation and marks a significant advancement in bridging traditional financial assets with blockchain technology. Tokenization enables trading of MMF shares on the Archax platform and associated networks, enhancing access for institutional and professional clients.