Financial Services Provider Apex Group Joins Hedera Governing Council

on November 11, Hedera disclosed that global financial services provider Apex Group has joined the Hedera Council and will explore using the Hedera network for its tokenization business.

Hedera stated that Apex Group serves over $3.5 trillion in assets, holds experience in digital assets and institutional market infrastructure, and is the first transfer agent and fund service provider to utilize distributed ledger technology to manage regulated securities.