Apex Group, which manages over $3.5 trillion in assets, joins the Hedera Council

According to official disclosures from Hedera, global financial services provider Apex Group has joined the Hedera Council and will participate in the governance of the Hedera public blockchain. Apex Group manages assets exceeding $3.5 trillion and will explore using the Hedera network for its own tokenization business.

Hedera stated that Apex is the first transfer agent and fund service provider to use distributed ledger technology as a regulated securities record.