The crypto project HBAR through ETFs in the United States
Behind it is
@Hedera this company mainly serving institutions and governments
$LAYER 1 public chain
The governance ecology is composed of top institutions such as
#ibm ,
#LG ,
#谷歌 , and others, making up the HEDERA COUNCIL, whose strong background resources bring many favorable expectations
In addition to tokenizing assets of major Wall Street institutions such as
#贝莱德基金 and
#富达 on-chain through Archax, they also cooperate with the official government of Wyoming, USA, to launch FRNT for applications such as taxation
This is the power of resources, but from another perspective, it indirectly proves the technical strength of
#hedera $HBAR currently has an FDV of 5 billion USD, while
#Solana has an FDV of 50 billion USD
HBAR focuses on institutional-grade L1 application chains, currently achieving the largest scale globally, differing from the development direction of Solana
In terms of potential, if regular armies continue to enter the market in the future, HBAR's advantages may be discovered by the market, after all, there are only a few projects that go through ETFs in the United States, and the market capitalization compared to these public chains is indeed not high
Moreover, from a technical advantage perspective
The two co-founders of
#hbar , Mance Harmon and Leemon Baird, previously held senior positions at Motorola, coming from large companies. In particular, Leemon Baird has also been a computer professor at the United States Air Force Academy.
The strength of the team represents the level of technology, and HBAR being pushed to ETFs by institutions surely means that institutions find the project reliable, and then there are the interests involved.
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