According to Finextra, Apex Group, which services over $3.5 trillion in assets, has joined the Hedera Council. The appointment adds fund-administration and digital-asset expertise to the governance of the public network as Apex explores using Hedera within its broader tokenization initiatives.

Mance Harmon, Chair of the Hedera Council, stated that Apex combines deep expertise in private-market servicing with a clear vision for digital assets. The announcement identifies governance participation and exploration of possible applications; it does not disclose a new Hedera-based fund, committed asset volume, or migration timetable for existing clients.

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