Satoshi_Club

After rumors suggested #BlackRock was involved with Hedera's tokenization projects, $HBAR value surged by 107%.

However, BlackRock clarified that it was not directly involved, leading to a 35% drop in $HBAR's price. Blockchain firms Archax and Ownera, despite tokenizing BlackRock's ICS U.S. Treasury Fund on Hedera, confirmed that their interaction with BlackRock was minimal and primarily procedural. The clarification has impacted HBAR's market trend negatively.

#CMC