/biz/ - Business & Finance

>>58425255
So is blackrock actually involved in this, or are they just using blackrock products?

>>58425276
Blackrock is using Hedera.

>>58425255
Dump incoming.

>>58425278
Doesn't like like it. It literally says it's Archax doing it.

pretty good, as a linkbagger I kneel. we need more adoption like this

>>58425255
>Did you trust the plan anon?

Good, maybe the 40k stack I've been sitting on for 3 years will finally be worth selling. Still not holding my breath.

>>58425293
It would be pretty good if blackrock were actually involved, but they aren't.

>>58425255
>blackrock is associated with us becouse we hire the same janitor company

>>58425305
I don't think a single name in that tweet is actually tied to blackrock.
Other than blackrock itself, of course.

What will you do when YOU are tokenized on the Hashgraph?

>>58425284
>>58425302
>>58425311
Retard, Archax is the platform that BlackRock is providing their tokenized financial products on you giga nigger. Are you suggesting that Abrdn is buying portions of BlackRocks MMF and then tokenizing the assets which they now own? Yeah ABRDN the $500B AUM company is misleading investors to shill HBAR. You're a fucking genius.

We did it bros
All the non hbros are the real cucks now

>>58425368
>Archax is the platform that BlackRock is providing their tokenized financial products on

Source that it's blackrock doing that, and not archax?

>>58425379
Brother you already read the source you just didn't understand it. Archax is a PLATFORM. BlackRock's ICS US Treasury money market fund is a FINANCIAL PRODUCT. The FINANCIAL PRODUCT was put on the PLATFORM (I.E. TOKENIZED). This could not be done without the permission of BlackRock. You cannot tokenize someone else's product that wouldn't make any sense. Tokenization is a proxy for ownership. If you don't own the fund you can't tokenize it. So if the fund is tokenized then obviously the owner, BlackRock, agreed to this.

>>58425386
>The FINANCIAL PRODUCT was put on the PLATFORM
yes, by Archax. Not by Blackrock.

That's literally what Archax' headline says: >>58425284

>>58425391
OK let me put this in a way that might make sense to you. What you're saying is the equivalent of me saying this
>Hey guys I just tokenized 58425391's kitchen table and now it's offered on my platform for you to buy and sell!!!!
You cannot tokenize someone else's fund. You're confused by the semantics. The statement says Archax tokenized the fund. This is true because Archax is a platform that tokenizes funds and assets. What you're missing is the fact that BlackRock still OWNS the fund, and had to agree to this. Just because Larry Fink himself didn't mention that ONE of their OVER ONE THOUSAND FUNDS was tokenized on a platform that runs on Hedera doesn't mean that it's not currently happening.

If you're still not convinced please tell me what you think is happening here. How is Archax tokenizing something they don't own?

>>58425398
>You cannot tokenize someone else's fund.
Sure you can, you buy the fund and then you offer it to others as a broker.
It's basically like keeping the data in a database like brokers have done since forever.

Show me source of blackrock being involved in this in any capacity whatsoever.
Not saying this isn't the case, I just can't find anything and you all can't either apparently.
In fact, I'd be pretty damn elated if it were true.

>>58425398
Also let me add too I think they uploaded the wrong link in the tweet. Your screenshot is dated to June 8th but they just put out a new release statement today.
>https://blog.archax.com/resources/archax-increases-tokenised-money-market-fund-offerings

>>58425406
Notice how there are no testimonials from anyone at Blackrock.

Also notice wording like "which Archax has created".

>>58425410
Yeah we've seen a lot of "this big name company is tangentially related to the no name company building products on Hedera." Sure this is more direct than most, but until Larry Fink is shaking hands with Mance then this is a nothingburger

>>58425410
I agree with you that there is no official statement from BlackRock so I'm not saying you're wrong for having any type of doubt. I'm just saying I don't think this announcement would make any type of sense otherwise.

If you are right about this then the HBAR foundation, Shayne Higdon and Hedera are about to be in a mess of legal trouble. For a company and foundation that are extremely conservative they are directly stating that "BlackRock has tokenized one of their money market funds on Hedera." If Archax is just buying the fund and BlackRock has no real involvement these statements are fraudulent and everyone is getting sued. I think we have to ask ourselves what is more likely, did everyone in the conservative marketing practices camp of Hedera decide to say fuck it and lie or is BlackRock just not publicly announcing a move that to them is likely small?

>>58425255
>blackrock
its over dungeater bros, im selling my hbar for agrs i cant stand this anymore

>>58425429
>Blackrock has tokenized one of their money market funds on hedera

Well this is finally some direct wording.
You're absolutely right that either there is legit Blackrock involvement, or this is a borderline illegal statement.

OOOOOOOOOOOO

>>58425410
there is confirmation from a Hedera Foundation employee in club hbar that blackrock is aware of this

>>58425429
>Shayne being a retard on twitter
Wouldn't be the first time

>>58425455
>OJ Simpson confirms he is innocent

>>58425255
>some good hbar news and thread gets immediatly swamped by fud
Don't think for a second that we forget all you Fantom trannies raiding our threads from years ago, doing it again smdh

My hbars doin a little sumfin

>>58425547
how did you not DCA down anon?

>>58425583
he is british.

>>58425587
lmao

>>58425255
Might keep an eye on them, and anything BlackRock is involved with, kek, I wonder if there's an index on Truflation for that, might have to check

>>58425523
This should put the FUD to rest. It doesn't get any clearer and more direct than this.

>>58425583
Lost interest in HBAR and DCA'd TRAC/XRP/DOT
>t. British retard

thanks for the pump I needed to sell some of my bags I cant believe after blackrock news this shit is still underperforming holy fuck even worse than ICP and I have been holding this fucking shit since it was the cunny coin

Top is in. :)

Get fucked Hfuddies
I knew I was right. You lacked conviction
Even my hbar memes are pumping

the chosen one

>>58425255
HBAR bros I am so happy. I have my entire net worth in HBAR and APU. God bless this board.

Can HBAR hit $1?

>>58425692
>can HBAR hit a market cap of $34B
Yes anon it could go a lot higher than that. SOL has a market cap of $70B and it's used exclusively for memes and scams. Just surpassing SOL puts us over $2.

>>58425705
I have 300k hbar anon I can buy 500k more but I am not sure

>>58425777
I'm not going to advise you to buy a pump but just the simple question of "can it hit $1?" imo that's conservative if we are truly entering a bull market.

>>58425255
Hebrew cashgrab

CHECKED THREAD WTF

>>58425911
checked
also id GET
wagmi

Isn’t it great how Chainlink has told everyone that you need their bullshit oracles to tokenize any real world assets? And how they don’t provide oracles for Hedera yet are on the GC? And the first major tokenized fund doesn’t need Chainlink’s BS services?

>>58426012
>And how they don’t provide oracles for Hedera yet are on the GC?
yeah what's up with that? It's been 5 years I think

>>58426012
>>58426037
Hedera also has its own random number generator
VRF is the supposed standard in crypto and Hedera won’t even touch that shit

Can't hold 16 cents... back to single digits

I had to verify a burner email to make this comment. Fuck you retarded janny niggers I unironically hope anybody that ever moderated an online forum is forced to watch his entire family get raped by a pack of feral niggers just before getting raped by the aforementioned niggers himself and stabbed to death.

Good to see hbar pump. Hope it doesn't dump soon after for once

>>58426252

damn i verified a non-burner on my real IP to say I'm insider to big things and know big things


but i'm not telling, unless you skilled, send me an email screencapping this post and i'll recruit you to the team

The world will be tokenized, trillions in assets, billions of transactions per week, all om Hedera.

Permissionless nodes not even out yet, BTC will go up, but Hedera will as Wesker said... "Ensure complete global saturation".

Indians can no longer spam their low IQ bs. To those that invested in 2019, 2020, 2021, 2022, 2023 or 2 weeks ago... Hedera is the new 401k

Gonna finally break 5 figure hell,

270k Hbar
120k XSauce
1mil BSL
500 Force

Checked and blessed thread

>>58426266
My only skill is buying high and selling low

>>58426300
Should add a stack of DOVU
its not too late

>>58426300
Hey, I think I gave you that 500 force kek

>>58426322

Ch3cked, if youre 407119 then yup. Wanted to send you an NFT.

>>58425583
Dcaing down is generally a bad idea.

>>58425593
That doesn't prove that BlackRock was involved in any way other than signing off on the press release.

OmiseGo’s McDonalds partnership all over again, lmao

check the price hbastards lmao.
I unironically am up 24% shorting this from 0.165
Only regret I have is not also catching some of the move up

>>58426461
being a gay nerd is generally a bad idea but look at you go

Reminder that Hbar stoled Fantom code

can it go back to 15 cents?

Wtf I am financially ruined

>>58427823
nope, it's over

funny how threads don't die on /biz/ anymore

>>58428451
proof??

>>58428459
Proof is check the price nigga

>>58425429
So that Shayne faggot lied.

dang i actually sold the top

The people who fell for this are the same retards who fell for the OmiseGo Mcdonalds "partnership" and every crypto teams "partnership" with Amazon because they used AWS. Some retards just never learn

https://vocaroo.com/1jlOyZXZjCoW

>>58429148
https://twitter.com/hedera/status/1783485144252228024

What went wrong?

>>58429818
Fuck off

>>58429900
and it's all true

>>58430026

And live...

https://archax.com/invest/blackrock-usd

>>58425255
>blackrock is using hedera
holy fuck exit all positions, kneel, sell your hbar and buy $orbs, we told you this was gonna happen