Archax, a UK/EU-regulated digital asset platform, has recently announced the tokenization and first onchain transaction of the Canary HBR ETF on the Hedera Network. The completed “out-of-hours” transaction is a landmark achievement in blockchain-based finance: an ETF linked to Hedera’s native token, tokenised and “transacting on the Hedera Network itself, outside of traditional market hours.”
This transaction demonstrates how regulated assets “can operate on blockchain infrastructure in a continuous, 24/7 trading cycle even during market closures for public holidays.”
Archax facilitated a live transaction of the tokenised Canary HBR ETF during off-hours on Thur, Nov 27, 2025, when traditional US markets were closed, showcasing “the potential for digital assets, such as tokenised equities, to transact beyond traditional market hours.”
Graham Rodford, CEO and co-founder of Archax, said that tokenising the Canary HBR ETF on Hedera is “a significant step forward in bridging traditional and digital markets.”
Rodford added that this initiative showcases “how regulated financial products can exist and transact onchain while maintaining the compliance and oversight expected by institutions.”
Gregg Bell, Chief Business Officer at HBAR, Inc., a subsidiary of Hedera Foundation SEZC has said that this “represents new functionality for ETFs.”
Bell added that executing transactions of a tokenised ETF on Hedera, including outside of “standard market hours, demonstrates the real-world benefits of distributed ledger technology for modern finance.”
Built on Hedera’s so-called “institutional-grade” public (permissionless) network, the tokenisation of the Canary HBR ETF highlights “how traditional financial instruments can be issued, transacted, and settled securely onchain with regulatory oversight.”
