Apex Group, a Bermuda-based fund administrator overseeing more than $3.5 trillion in assets, has joined the Hedera Council, which can include up to 39 members. The first transfer agent to use distributed ledger technology as its official record for regulated securities, Apex also holds a majority stake in Tokeny, the company behind the ERC-3643 compliance standard. The move comes as institutional tokenization shifts from pilot projects to operational use, while Apex pursues a multichain infrastructure rather than relying on a single network. Market reaction remained muted as of November 11, 2026, but the link between the ERC-3643 standard and Hedera governance strengthens Apex’s position in tokenized assets.
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