Hedera and Blackrock News Explained

Hedera and Blackrock News Explained

a lot of misinformation is going around
in regards to Black Rock and hadera news
broke that black rock had partnered with
hadera for a tokenized money market fund
which literally doubled the price of the
harar token then an article from coin
Telegraph came out stating Black Rock
had nothing to do with it sending the
token crashing so what the hell is
really going on I’m going to break it
down for you in this video so we had
headlines come out yesterday we had
tweets from the harar foundation from
content creators from analysts from
influencers and so on and so forth
couple of articles I want to share with
you first this one from coin Journal uh
arcax onera and hadera collaborate to
tokenize Black Rock money market fund
right then you have this hadera and ARX
enable first tokenized black rock uh
Mutual Money Mutual market fund
shares or money market fund shares and
then of course we had this one from the
harar foundation today we witness rwa
history as black rocks IC US Treasury
money market fund is tokenized on hadera
with arcax and on marking a major
milestone in Asset Management by
bringing the world’s largest asset
manager on chain they went on to say
this development Builds on the growing
portfolio of institutional rwas on
hadera with hadera’s governing council
member uh Aberdine the UK’s largest
active wealth manager tokenizing his
Flagship multi-billion dollar MMF on
hadera last year so people took this
article and they retweeted it they
posted about it they said Black Rock has
partnered with hadera right so when you
see headlines like that and on top of
that you had certain misleading
headlines in articles like this one from
crypto daily Hada pumps 125% in 24 hours
following Black Rock support and if you
go down and read in the article on April
24th Black Rock the top fund manager
tokenized the Black Rock IC US Treasury
MMF on the hadera blockchain so this is
not what happened Black Rock had nothing
to do with it all that happened was this
comp this project arcax they decided hey
we’re going to take a fund that black
rock has and we’re going to decide to
take that fund and tokenize it on the
blockchain on hyera which is great
that’s extremely bullish but Black Rock
did not partner with hadera but there’s
still some things to take away from this
that are extremely bullish for hyera if
it could come through and potentially
show Black Rock and show the rest of the
world hey we can tokenize institutional
grade products on our blockchain we know
of only one other blockchain currently
that black rock has funds on and that is
ethereum hyera is number two so uh this
is time for herera to shine here uh and
then who knows what can happen
potentially uh if things go great Black
Rock looks and says hey uh you know this
thing is pretty legit no issues it’s
pretty fast it’s cheap we want to talk
more we want to potentially launch other
things on the hyera network um and of
course with our governing counsil which
we’ll go in there in a little bit um
we’ll talk about how important that is
so and then we had this coin Telegraph
article which threw everything into a
frenzy hadera’s harar token pumps 96% on
misinterpreted Black Rock announcement
uh so in this article they mention the
widely misinterpreted April 23rd harar
Foundation post shared that blockchain
trading and infrastructure firms arcax
and onera tokenized black Rock’s US
Treasury fund on its Network the video
shared with the announcement seemed to
suggest that onera arax and black rock
were partnered on the Venture and harar
claim that was bringing the world’s
largest asset manager on chain none of
that is false they did bring the largest
asset manager fund on the hadera network
it’s just black rock had nothing to do
with it I think that’s an important
thing here uh they go on a quote uh
Mason here his his tweet uh saying hey
there a lot of misinformation was
represented now what you guys got to
remember well everyone might be saying
well why did the price go up 100% why
did the price double you guys got to
remember there are literally Bots and
highfrequency trading algorithms that
pick up on headlines news articles that
try to front run the rest of the market
and Trigger buy or sell orders depending
on what those headlines say and so when
you see headlines and you see news and
tweets and everything saying Black Rock
partnered with herera which was false
then send the price going everyone like
what the hell’s going on they start
going on Twitter on X the first post
they see or the first article headline
they see like oh my God this is a big
partnership they start piling in and
then once everyone has time to step back
step away from their emotions they’re
like wait Black Rock didn’t really
partner with them but it’s still great
um that black rock that black Rock’s
product is not going to be on herera and
then to kind of put this whole thing to
rest here we have uh
Graham who is the CEO of arcx
tweeted this kind of given some clarity
here said if we decide to tokenize
arguably we do not need to approach the
investment manager talking about Black
Rock but we always do what we but we
always do as we want long-term
relationships the investment manager’s
level of involvement can vary but both
Aberdine and black rock were aware that
we were tokenizing on hyera neither
objected hopefully due to our integrity
and Regulatory permissions I encourage
you wherever possible to read official
press releases is associated with any
news on arcx and the crypto so Black
Rock could have technically said uh yeah
we’re not really feeling that uh they
could have kind of shot the whole thing
down but they did it uh and again again
it is not a partnership with black rock
now but it could turn into a partnership
in the future um obviously we know black
rock is kneed deep into the rwwa game we
got Larry fin going around on multiple
news stations and shows talking about
tokenization we have this article from
from Forbes black Rock’s 10 trillion
tokenization Vision the future of real
world assets and of course uh the video
that’s being shared around everywhere uh
is this of Larry Fink uh on
Bloomberg We Believe ETFs are a
technology no different than Bitcoin was
a technology for for asset
storage We Believe The Next Step going
forward will be the tokenization of
financial assets and that means every
stock every Bond will have its own
basically qip it’ll be on one general
ledger every investor you and I will
have our own number our own
identification we could rid ourselves of
all issues around illicit activities
about bonds and stocks and digital by
having a a a a a tokenization but the
most importantly thing we could
customize strategies through
tokenization that is fits every
individual we would have instantaneous
settlement think about the cost of
settling bonds and stocks but if you had
a tokenization everything would be
immediate because it’s just a line item
and so we believe this is a
technological
transformation so a technological
transformation so uh of course anyone
can go out and pick any fund and decide
to tokenize it and put it on their
blockchain uh they decided to do that on
hyera uh which is great hadera is fast
fast finality uh they have the hash
graft consensus and the big thing here
as well is their governing Council uh if
if you know if you’re with me in my Camp
you believe that hey these businesses
all kind of have lines of communication
to each other take a look at uh people
sitting on the hia governing Council you
have the likes of Boeing IBM you have
Google LG Dell uh T-mobile World pay and
so these Ubisoft these are all massive
companies that are on this governing
Council who kind of help direct the
direction of where hadera is going some
of the Partnerships things to build on
it and then we have this as well uh from
the hadera handle institutional grade
tokenization is at home on hyera so yes
anyone could have done this but why
haven’t they done it are they not
capable is it not worth it to them and
we uh the project on hyera decided to do
this and again we will see how this
thing plays out could we see a scenario
where Black Rock takes a step back and
decides to kind of watch from afar and
say okay let’s see how how smooth and
how easily this thing is ran on hyera
because we know according to this
article that they had deposited around
100 million usdc on the ethereum network
now this was an actual partnership we’ll
see how it goes on ethereum now you’re
going to have something on ethereum
you’re going to have something on hyera
can black rock look six months one year
from now and
say that’s a better product it’s cheaper
it’s faster uh we can make a lot more
money on it uh customers don’t have to
spend as much money on it and so that is
a potential here so anyone that’s saying
the news now all of a sudden that we
figured out that this is not a direct
partnership with black rock and herera
all of a sudden this is not a big deal
this is a big deal this is a big deal
again they decided to put it on the
blockchain and we’ll see what happens
next and I think this is a great tweet
from uh Kiren uh that sums up kind of
what I’ve been saying wanted to wait for
the daily close before I share this what
a wild day for harar uh ARX and onera
just tokenized black Rock’s US Treasury
fund while this was misinterpreted as
Black Rock actively tokenizing on hyera
it is still a bullish sign think of it
this way onera and arcx have proven to
be some of the institutional leaders
bringing rwa tokenization the factor
tokenizing a black rock treasury fund
shows active contribution to the
Network’s continued efforts on expanding
in the tokenization market sure it would
have been even bigger to see Black Rock
themselves tokenizing on hyera but we’ll
take this one step at a time what we’re
seeing now is partially the news blown
out of proportion due to
misinterpretation but let’s not act like
this still isn’t a bullish sign for
hyera and their ecosystem tokenization
not to mention all they’ve done before
this what is important is that we are on
the right track couldn’t have put it any
better myself taking a look at what the
price of hadera there this is har bar on
the weekly again we saw a rally up to
almost 20 cents 18.49%
back if we zoom out to the
Daily uh this is from pulling info from
binance uh massive volume Spike but an
even bigger volume Spike on the selloff
and so although people kind of jumped
the gun on this and misinterpret the
information this is still extremely
bullish for hyera the network and
showcasing hey we if you really are the
best platform for institutional
tokenization of real world assets this
is your chance to prove it we know you
gotten the we know the the media is on
top of it this news this news every
single news station every single Journal
there is out there in cryptoland and so
all eyes are now going to be on hyera
it’ll be up to them and the and the
arcax and um and that other company that
they’re working with to really showcase
hey this is what you can do on hyera if
you decide to bring your funds and
tokenize them on the hdea blockchain we
hope you enjoyed this video what are
your thoughts on this news uh let us
know in the comments section and also
come check out our live show Monday
through Friday at 2 pm Eastern Standard
time we see you the next one peace

News broke yesterday that Blackrock had partnered with Hedera, sending the HBAR token skyrocketing to over 0.18! As the news settled, many analysts and media personalities realized that this was not a direct partnership, but an integration of one of Blackrocks funds on Hedera through Archax. David breaks everything down in this video.

Disclaimer:
This video is strictly personal opinions & not financial advice.

#hedera #hbar #blackrock