Apex Group, a global financial services provider that administers more than $3.5 trillion in assets, has joined the Hedera Council and will explore Hedera’s network for tokenization initiatives, the Hedera team announced on Nov. 11.
The move gives Apex a direct vote in Hedera network governance, including decisions on network pricing, software updates, treasury matters, director elections and admission of new members. Under the Council’s framework, each member organization receives one vote, with some decisions requiring a supermajority or unanimous consent. Members are expected to attend meetings, participate in electronic votes, sign governance transactions and host a network node. The Council structure allows up to 39 members.
Apex was described as the first transfer agent and fund service provider to administer regulated securities on distributed ledger technology. The company plans to explore Hedera for digital asset lifecycle management, compliance and settlement, as institutional adoption of tokenized financial products expands.
“Institutional tokenization will scale only when compliance is embedded throughout the asset lifecycle, not added as an afterthought,” said Marco Infuso, head of digital assets, Central Europe, at Apex Group. “That principle underpins our use of ERC-3643, the standard for compliant tokenization. By removing technological complexity, we can give clients a seamless experience and the flexibility to hold assets in traditional or tokenized form, with consistent standards of control and protection.”
The addition builds on Apex’s existing relationship with Hedera through Tokeny, the tokenization technology business in which Apex acquired a majority stake in May 2025. Tokeny’s integration with Hedera was announced in April 2025, bringing infrastructure for issuing and managing tokenized financial assets to the network. At the time, Tokeny said its solutions had been used to tokenize more than $32 billion in assets.
Apex has also been involved in tokenization projects including SkyBridge Capital’s plan to tokenize $300 million across two hedge funds on Avalanche, and Fasanara Capital’s tokenized money market fund on Polygon PoS, which used Chainlink and Fireblocks infrastructure.
“Apex Group combines deep expertise in private-market servicing with a clear vision for digital assets,” said Mance Harmon, chair of the Hedera Council. “Its addition strengthens the Council at a pivotal moment, as institutional tokenization moves from experimentation to real-world adoption.”
