#ProjectCrypto Urgent | British banks take a historic step into the world of blockchain! 🇬🇧💥
Major British banks, led by Lloyds Banking Group and Aberdeen Investments, announced the use of the Hedera network to settle digital assets worth $10 billion, directly supported by the $HBAR token (HBAR)! 🔥
🔍 In the first institutional experiment of its kind, units of money market funds and British treasury bills were tokenized and traded as collateral on the Hedera network — in an environment licensed by the UK Financial Conduct Authority (FCA).
📈 The result? The price of HBAR jumped by approximately +49% in a week!
🎯 Why is this important?
• The official entry of traditional banks into the blockchain.
• A strong demonstration of Hedera's strength as a secure, fast, and licensed network.
• The beginning of a true revolution in the settlement of digital financial assets.
Are we on the cusp of a new era of corporate finance?
