Hedera Crypto INSANE News! – Banks Can Now Do This With HBAR

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So the institutional floodgates for hadera have just opened up thanks to a relationship with one of their Partners Arch X which is a crypto custodial provider for major institutions they’re now going to allow their customers to start staking harbar the same way that we do with our hash pack now

Institutions all over the world will be able to do the same thing but there’s more to the story we’re also talking about real world asset tokenization as well this is big let’s just jump right into it now building on there recent addition of harar to its crypto spot

Market Arch a has now further integrated support for the hyera network and the hadera token service into its products and services the archa institutional grade crypto and digital asset custody service launched earlier this year already supports the custody and trading of harbar but working with web through Enterprise technology supplied by bcw

Group RX has added staking support for herera so that clients holding har bar in custody with Arch a now have the ability to earn yield on their assets so we’re looking at the institutional adoption of hyera it does make me wonder though are they’re going to get that 2%

Cap that was set by the governing Council 2 and a half% we won’t know of course until that information is publicly available but this also pulls in tokenization as well now we’ve discussed before about certain assets that are leading the charge when it comes to real world asset tokenization

We are learning that they’re tokenizing a lot of traditional Financial products and thanks to ARX we’re about to see the same thing on hadera the use of the hadera network is also at the heart of arch X’s tokenization activities the protocol is fully supported by the arch X tokenization in

Which was launched earlier this year and is used to tokenize interest in the ariden multi-billion dollar money market fund which is now available in USD GBP the Euro through Arch axis uh ecosystem so again we have a tokenized financial product coming to hadera I am still learning exactly the ins and outs of

These traditional Financial products again before crypto I was completely unaware of all of this information but but I’m glad I’m here because I get an opportunity to learn and then I get an opportunity to share it with you so this is going to be massive for a number of

Reasons I knew once native uh hyera staking hit the network that we’d start to see things like this because other institutions other companies they look at the governing Council and they look at they look at how the staking is already set up it’s secure it’s efficient and everything is still

Balanced so that’s going to make it more attractive to other comp companies and that would explain why this went down and then the whole narrative about the tokenization of financial products I believe we reported on this a couple weeks ago but arbiton their whole game plan was to use the hyera token service

To tokenize as many Financial products as they could and they have a full Suite of them so there’s a lot more coming down the pipeline as far as tokenization of these types of financial products these money market funds um and every other form that they come in again I’m

Still learning exactly the ins and outs I can’t wait to really dig into it because hia is taking me on this route this educational route this educational Journey but again just to wrap up this is a quick story institutional staking coming to hadera thanks to Arch a hadera

Has been rolling as we close this year out so I personally can’t wait to 2024 glad we put it on that Elite 8 for this year I think we’re up at about 9 cents right now as of recording so the the sky a limit the future is bright I’m excited

And that’s the news though let me know what you think down in the comments as always you know what I want you to do have a great day have a prosperous day and always remember that if that money is digital so is the hustle