Hedera 代幣化貝萊德基金，引發市場熱潮和合作猜測

Archax 在 Hedera 上推出了代幣化的 BlackRock 基金，導致 HBAR 的價格飆升 70%，引發了有關 BlackRock 與 Hedera 之間合作關係的猜測。然而，飆升的催化劑可能在於Archax對貝萊德MMF的購買和代幣化，而不是兩家公司之間的直接合作。技術分析顯示 HBAR 存在潛在看漲趨勢，因為其價格收復了長期支撐位並突破了關鍵阻力區，開啟了突破之前高點的可能性。

Hedera Announces Partnership with Archax to Tokenize BlackRock Fund, Triggering Market Surge

Hedera 宣布與 Archax 合作對貝萊德基金進行代幣化，引發市場飆升

Key Findings

主要發現

• Archax and OwneraIO, in collaboration with Hedera, announced the tokenization of BlackRock's ICS U.S. Treasury Money Market Fund (MMF) on the Hedera network.
• The HBAR token's price soared over 70% on April 23 following the announcement, but skepticism surrounds the nature of the partnership.
• Technical analysis indicates a bullish trend for HBAR, with indicators supporting the continuation of the upward trajectory.

Hedera's Tokenized Fund Announcement

Archax 和OwneraIO 與Hedera 合作，宣佈在Hedera 網路上對貝萊德的ICS 美國國債貨幣市場基金(MMF) 進行代幣化。以上，但人們對這一代幣的性質持懷疑態度。

On April 23, 2024, Hedera announced a partnership with Archax and OwneraIO to tokenize BlackRock's ICS U.S. Treasury Money Market Fund (MMF) on the Hedera Network. This move, according to Hedera, heralds the arrival of the world's largest asset manager on-chain and expands the portfolio of Real-World Assets (RWA) accessible through Hedera.

2024 年 4 月 23 日，Hedera 宣布與 Archax 和 OwneraIO 合作，在 Hedera 網路上對 BlackRock 的 ICS 美國國債貨幣市場基金 (MMF) 進行代幣化。 Hedera 表示，此舉預示著全球最大的鏈上資產管理公司的到來，並擴大了可透過 Hedera 存取的真實世界資產 (RWA) 的投資組合。

Archax previously announced the creation of a tokenized fund for Aberdeen Standard Liquidity Fund using Hedera's technology, citing the Hedera Token Service (HTS) as a key factor in their decision. This service facilitates the tokenization of traditional financial instruments on the Hedera Network, enabling fractional ownership and increased liquidity.

Archax 先前宣布使用 Hedera 的技術為 Aberdeen Standard Liquidity Fund 創建一個代幣化基金，並指出 Hedera 代幣服務（HTS）是他們做出決定的關鍵因素。該服務促進 Hedera 網路上傳統金融工具的代幣化，實現部分所有權並增加流動性。

BlackRock's Previous On-Chain Venture

貝萊德之前的鏈上企業

It is noteworthy that BlackRock has previously filed for a tokenized fund using Ethereum. In late March, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) was launched in partnership with Securitize, an asset tokenization company. This suggests that BlackRock had already ventured into the on-chain space prior to the tokenization of its ICS US Treasury Fund.

值得注意的是，貝萊德先前已申請使用以太坊代幣化基金。 3月下旬，貝萊德美元機構數位流動性基金（BUIDL）與資產代幣化公司Securitize合作推出。這顯示貝萊德在 ICS 美國國庫基金代幣化之前就已經涉足鏈上領域。

Partnership Ambiguity

夥伴關係的模糊性

While the HBAR price reacted positively to the announcement, concerns have arisen regarding the nature of the purported partnership between Hedera and BlackRock. BlackRock's X account has not posted any announcements about the collaboration, leading to speculation that Archax, the digital exchange partnering with Hedera, is the entity offering the tokenized MMF to its users.

雖然 HBAR 價格對該公告做出了積極反應，但人們對 Hedera 和貝萊德之間所謂的合作夥伴關係的性質產生了擔憂。貝萊德的 X 帳戶尚未發布任何有關此次合作的公告，這導致人們猜測與 Hedera 合作的數位交易所 Archax 是向其用戶提供代幣化 MMF 的實體。

This interpretation suggests that Archax purchased shares of the BlackRock MMF, tokenized them, and is releasing them on its platform in collaboration with Hedera. It appears that BlackRock may not have directly partnered with Archax for this venture.

這種解釋表明 Archax 購買了 BlackRock MMF 的股票，將其代幣化，並與 Hedera 合作在其平台上發行。看來貝萊德可能沒有直接與 Archax 合作開展這項業務。

In contrast, BlackRock's head of digital assets, Robert Mitchnick, publicly commented on the partnership with Securitize when the BUIDL fund was released, but no such acknowledgment has been made for the MMF tokenization.

相較之下，貝萊德數位資產主管 Robert Mitchnick 在 BUIDL 基金發行時公開評論了與 Securitize 的合作關係，但並未對 MMF 代幣化做出這樣的承認。

Similarities and Differences to BUIDL Fund

與BUIDL基金的異同

A key distinction between the BUIDL fund and the tokenized BlackRock MMF lies in the partnership structure. The partnership between BlackRock and Securitize for the BUIDL fund involved direct collaboration between the two entities. However, the tokenization of the BlackRock fund through Archax appears to involve Archax's partnership with Hedera, with BlackRock's involvement primarily as the issuer of the fund.

BUIDL 基金和代幣化的貝萊德 MMF 之間的主要區別在於合夥結構。 BlackRock 和 Securitize 之間針對 BUIDL 基金的合作涉及兩個實體之間的直接合作。然而，貝萊德基金透過 Archax 的代幣化似乎涉及 Archax 與 Hedera 的合作關係，貝萊德主要作為該基金的發行人參與其中。

Historical HBAR Price Increases

歷史 HBAR 價格上漲

The HBAR token's 70% increase on April 23 is not unprecedented. In January 2021, HBAR experienced two similar daily increases of 62% and 61%. However, it is important to note that in both instances, HBAR fell significantly the following day. Nonetheless, it subsequently resumed its upward movement, reaching new highs.

HBAR 代幣在 4 月 23 日上漲 70% 並不是史無前例的。 2021 年 1 月，HBAR 經歷了兩次類似的日漲幅，分別為 62% 和 61%。然而，值得注意的是，在這兩種情況下，HBAR 第二天均大幅下跌。儘管如此，它隨後恢復了上漲趨勢，並創下新高。

The current price increase differs from the previous ones in terms of retracement relative to the previous all-time high. In January 2021, HBAR had just reached the 0.618 Fib retracement resistance level, while it had already achieved a new all-time high on January 20. Currently, the HBAR price remains below the 0.382 Fibonacci retracement resistance level.

目前的價格上漲與先前的價格上漲不同之處在於相對於先前的歷史高點的回撤。 2021年1月，HBAR剛觸及0.618斐波那契回檔阻力位，而1月20日已創歷史新高。

Bullish or Bearish Trend Predictions

看漲或看跌趨勢預測

Weekly technical analysis suggests that the recent surge in HBAR prices could mark the beginning of a long-term bullish trend. The current bounce has driven HBAR above the critical $0.09 horizontal area, which had served as resistance for over 630 days. The bounce affirms the $0.09 level as support, invalidating the earlier breach.

每週技術分析表明，最近 HBAR 價格的飆升可能標誌著長期看漲趨勢的開始。目前的反彈已推動 HBAR 突破 0.09 美元的關鍵水平區域，該區域在 630 多天內一直是阻力位。這次反彈確認了 0.09 美元的支撐位，使先前的突破無效。

The breakout is further supported by bullish indicators. The weekly RSI has rebounded from 50, and the MACD has generated a bullish cross. These indicators point towards a potential continuation of the uptrend.

看漲指標進一步支撐了突破。週 RSI 已從 50 反彈，MACD 形成看漲交叉。這些指標顯示上升趨勢可能會持續。

The next resistance area for HBAR is located at $0.24, approximately 80% above the current price. This bullish prediction holds as long as the HBAR price remains above $0.09 on a weekly closing basis.

HBAR 的下一個阻力區域位於 0.24 美元，比目前價格高出約 80%。只要 HBAR 價格每週收盤價維持在 0.09 美元以上，這項看漲預測就成立。

Conclusion

結論

Despite questions surrounding the nature of the partnership with BlackRock, technical analysis indicates a positive outlook for HBAR. The token's price has broken above a key resistance level and is supported by bullish indicators. This suggests the potential for a sustained upward trajectory, provided the $0.09 support level is maintained.

儘管對與貝萊德合作的性質存在疑問，但技術分析表明 HBAR 前景樂觀。該代幣的價格已突破關鍵阻力位，並受到看漲指標的支撐。這表明，只要維持 0.09 美元的支撐位，就有可能出現持續上漲的趨勢。