Hedera 代币化贝莱德基金，引发市场热潮和合作猜测

Archax 在 Hedera 上推出了代币化的 BlackRock 基金，导致 HBAR 的价格飙升 70%，引发了有关 BlackRock 与 Hedera 之间合作关系的猜测。然而，飙升的催化剂可能在于Archax对贝莱德MMF的购买和代币化，而不是两家公司之间的直接合作。技术分析表明 HBAR 存在潜在看涨趋势，因为其价格收复了长期支撑位并突破了关键阻力区，开启了突破之前高点的可能性。

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

Hedera 宣布与 Archax 合作对贝莱德基金进行代币化，引发市场飙升

Key Findings

主要发现

• 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 与 Hedera 合作，宣布在 Hedera 网络上对贝莱德的 ICS 美国国债货币市场基金 (MMF) 进行代币化。该消息公布后，HBAR 代币的价格在 4 月 23 日飙升了 70% 以上，但人们对这一代币的性质持怀疑态度。技术分析表明 HBAR 呈看涨趋势，指标支持继续上涨轨迹。Hedera 的代币化基金公告

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 宣布与 Archax 和 OwneraIO 合作，在 Hedera 网络上对 BlackRock 的 ICS 美国国债货币市场基金 (MMF) 进行代币化。 Hedera 表示，此举预示着全球最大的链上资产管理公司的到来，并扩大了可通过 Hedera 访问的真实世界资产 (RWA) 的投资组合。

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 此前宣布使用 Hedera 的技术为 Aberdeen Standard Liquidity Fund 创建一支代币化基金，并指出 Hedera 代币服务（HTS）是他们做出决定的关键因素。该服务促进 Hedera 网络上传统金融工具的代币化，实现部分所有权并增加流动性。

BlackRock's Previous On-Chain Venture

贝莱德之前的链上企业

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，贝莱德此前已申请使用以太坊代币化基金。 3月下旬，贝莱德美元机构数字流动性基金（BUIDL）与资产代币化公司Securitize合作推出。这表明贝莱德在 ICS 美国国库基金代币化之前就已经涉足链上领域。

Partnership Ambiguity

伙伴关系的模糊性

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.

虽然 HBAR 价格对该公告做出了积极反应，但人们对 Hedera 和贝莱德之间所谓的合作伙伴关系的性质产生了担忧。贝莱德的 X 账户尚未发布任何有关此次合作的公告，这导致人们猜测与 Hedera 合作的数字交易所 Archax 是向其用户提供代币化 MMF 的实体。

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.

这种解释表明 Archax 购买了 BlackRock MMF 的股票，将其代币化，并与 Hedera 合作在其平台上发行。看来贝莱德可能没有直接与 Archax 合作开展这项业务。

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.

相比之下，贝莱德数字资产主管 Robert Mitchnick 在 BUIDL 基金发行时公开评论了与 Securitize 的合作关系，但并未对 MMF 代币化做出这样的承认。

Similarities and Differences to BUIDL Fund

与BUIDL基金的异同

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 基金和代币化的贝莱德 MMF 之间的主要区别在于合伙结构。 BlackRock 和 Securitize 之间针对 BUIDL 基金的合作涉及两个实体之间的直接合作。然而，贝莱德基金通过 Archax 的代币化似乎涉及 Archax 与 Hedera 的合作关系，贝莱德主要作为该基金的发行人参与其中。

Historical HBAR Price Increases

历史 HBAR 价格上涨

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 代币在 4 月 23 日上涨 70% 并不是史无前例的。 2021 年 1 月，HBAR 经历了两次类似的日涨幅，分别为 62% 和 61%。然而，值得注意的是，在这两种情况下，HBAR 第二天均大幅下跌。尽管如此，它随后恢复了上涨趋势，并创下新高。

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.

当前的价格上涨与之前的价格上涨不同之处在于相对于之前的历史高点的回撤。 2021年1月，HBAR刚刚触及0.618斐波那契回撤阻力位，而1月20日已创历史新高。目前，HBAR价格仍低于0.382斐波那契回撤阻力位。

Bullish or Bearish Trend Predictions

看涨或看跌趋势预测

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.

每周技术分析表明，最近 HBAR 价格的飙升可能标志着长期看涨趋势的开始。当前的反弹已推动 HBAR 突破 0.09 美元的关键水平区域，该区域在 630 多天内一直是阻力位。此次反弹确认了 0.09 美元的支撑位，使之前的突破无效。

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.

看涨指标进一步支撑了突破。周 RSI 已从 50 反弹，MACD 形成看涨交叉。这些指标表明上升趋势可能会持续。

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 的下一个阻力区域位于 0.24 美元，比当前价格高出约 80%。只要 HBAR 价格每周收盘价保持在 0.09 美元以上，这一看涨预测就成立。

Conclusion

结论

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.

尽管对与贝莱德合作的性质存在疑问，但技术分析表明 HBAR 前景乐观。该代币的价格已突破关键阻力位，并受到看涨指标的支撑。这表明，只要维持 0.09 美元的支撑位，就有可能出现持续上涨的趋势。