Apex Group, a global financial services provider managing more than $3.5 trillion in assets, has joined the Hedera Council to explore how Hedera could be used for tokenization and settlement. The move positions Apex within Hedera’s governing structure as it evaluates related capabilities.

Both outlets describe the announcement in broadly similar terms, focusing on Apex’s role and the areas of work it will bring to the council—such as institutional digital assets, fund services expertise, compliance considerations and settlement use cases. PR Newswire adds more formal corporate context, citing Apex’s institutional market infrastructure and digital assets background, while The Block emphasizes the technical and operational exploration of tokenization and settlement alongside compliance.