According to Foresight News, the value of Hedera (HBAR) has seen a significant increase, at one point exceeding 0.18 USDT and currently standing at 0.1612 USDT. This represents a rise of over 76% in the last 24 hours.

In related news, digital asset exchange, broker, and custodian Archax has announced a collaboration with the HBAR Foundation. This partnership will facilitate the tokenization of shares in the BlackRock ICS US Treasury Money Market Fund (MMF).