Analysts have named a digital cryptocurrency token whose value increased by 100% per day

In a landmark event for real-asset tokenization, the price of Hedera (HBAR) jumped by an impressive 100% within 24 hours.

The significant growth came after BlackRock, the world’s largest asset manager, announced the tokenization of its US Treasury money market fund on Hedera in collaboration with Archax and OwneraIO.

The integration of traditional finance (TradFi) with Hedera’s blockchain technology is an important milestone that underscores the network’s ability to attract institutional-level projects with high speed, security, and low fees. The expansion of Archax’s tokenized money market fund offerings has played a key role in expanding the range of financial instruments available to institutional clients.

«The addition of MMF shares tokenized on Hedera with Archax is a huge vote of confidence. Hedera’s unmatched speed, security, and low-cost infrastructure is ideally suited for the institutional-grade tokenization of real assets made possible by Archax,» commented Shane Higdon, CEO of The HBAR Foundation.

With this step, Hedera not only demonstrates its growing relevance in the financial sector, but also confirms investors' confidence in the network’s ability to handle important financial instruments. As Hedera continues to drive the integration of blockchain into the mainstream financial sector, HBAR’s price response underscores the market’s enthusiasm for innovation and institutional adoption in the crypto space.