Hassan Maishera
HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Wednesday that Zoniqx, the team partnered with financial firms like PwC, and a global leader in real-world asset (RWA) tokenization, has announced its integration with the Hedera network.
By integrating Hedera with TPaaS, Zoniqx unlocks value from traditionally illiquid assets by enabling seamless creation, issuance, and management of compliant security tokens worldwide.
Furthermore, Zoniqx TPaaS simplifies the tokenization process while ensuring regulatory compliance across various jurisdictions. Zoniqx will leverage its partnership with Hedera to venture into ESG-focused tokenization, particularly in carbon credits and green energy.
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 $0.04904 at press time, down 1% over the last 24 hours.
