Apex Group, a Bermuda-based fund administrator managing over $3.5 trillion in assets, has officially joined the Hedera Council. The announcement, made on November 10, 2026, marks the firm's entry into the governing body of the Hedera public network.
The council is designed to include up to 39 members from diverse industries and regions. Recent additions to the group include companies such as Repsol, FedEx, Accenture, and McLaren Racing, which joined the network throughout 2025 and 2026.
Apex Group is the first transfer agent to utilize distributed ledger technology as a book of record for regulated securities. The firm also maintains a majority stake in Tokeny, the developer of the ERC-3643 compliance framework for asset tokenization.
The company is pursuing a multichain strategy, aiming to capture volume across various infrastructures rather than relying on a single network. Hedera operates on a hashgraph consensus model and has been active since 2019, with recent updates including the integration of Ethereum Pectra features.
Market reaction to the partnership remained limited as of November 11, 2026. Analysts suggest that the move reflects a broader industry shift from experimental tokenization projects toward large-scale practical implementation for regulated financial assets.
