Hedera announced on November 11 that Apex Group had joined the council governing its public network. The source does not give a year for the announcement. Apex plans to explore using Hedera for tokenization, but its council seat does not establish a fund deployment or commercial use of the network.
Apex services more than $3.5 trillion in assets across its broader business; that figure does not represent assets committed to Hedera. Council members are not required to build applications on the network, and membership gives Apex no ownership of treasury HBAR or right to council distributions.
