BlackRock and State Street Tokenize 12 MMFs on Hedera; SMQKE Confirms Feb 24, 2026

BlackRock and State Street Global Advisors have deployed 12 tokenized money-market funds on Hedera via Archax. The activity, confirmed on February 24, 2026, spans USD, GBP, and EUR, with six funds from State Street and a similar setup by BlackRock. HBAR's ETF on NASDAQ has attracted $91.88 million in roughly five months, trailing SOL and XRP.