HBAR Foundation, the development team behind the Hedera blockchain, announced via X on Monday that Fireblocks supports the Hedera EVM. This support enables institutional custody for EVM-based RWAs and tokens on the Hedera network.
HederaEVM is an open-source, public network governed by leading organizations around the world.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.16482 at press time, up 1% over the last 24 hours.