- Zoniqx and One World Petroleum launch the first tokenized oil fund in Hedera.
- The tokenized fund combines oil asset acquisition with collateralized oilfield lending, powered by Zoniqx’s Z360 platform.
Zoniqx has partnered with One World Petroleum (OWP) to launch the first tokenized upstream oil and gas fund on the Hedera blockchain. This groundbreaking fund is a combination of oil asset acquisition and oil field loan securing using Zoniqx’s Z360 platform and Zprotocol to manage the entire token issuance lifecycle. fund conversion Traditional oil assets and loans to security tokens on the blockchain ensure full compliance with SEC regulations.
Each investor’s ownership is represented by a security token that ensures automatic compliance, investor validation, and ongoing control. This innovative solution enables energy investment to reach a wider audience and democratizes oil investment while maintaining institutional protections.
The world’s first upstream oil & gas fund
The tokenized oil fund operates on top of Hedera’s public ledger, and several advantages arise from this setup compared to traditional systems. Hedera provides increased speed, transparency and carbon-neutral efficiency, factors directly related to the growing interest in green investing. The use of blockchain technology also ensures an immutable record of transactions, increasing investor confidence and data reliability.
Founder and CEO of Zoniqx said: “The world’s first upstream oil & gas fund proves that real-world assets can be deployed chained at the core at compliance and institutional scale.”
This development is a major milestone for the energy sector. This is because blockchain is used to bridge the gap between traditional investments in oil and modern technology. By utilizing a decentralized platform, the Fund ensures that transactions are safe and transparent, thereby increasing overall confidence in the system.
In another development, Hedera is attracting the interest of large institutions. Arrow Electronics, a $28 billion global technology company, has become a board member managing Hedera.
Arrow Electronics recently announced the integration of HBAR to help optimize supply chains and connect global suppliers on-chain. This adoption marks a major shift as traditional finance and large enterprises begin to explore the potential of blockchain technology in real-world applications.
Hedera’s volatile yet promising stub coin trend
Hedera Stablecoin Supply has been experiencing some volatility that could be a sign of increased market interest. According to Defi Llama data, Stablecoin supply on Hedera peaked at $224 million in August before declining again to $81 million.
Source: Defi Llama
This pattern is primarily driven by USDC and is dominating the Hedera stubcoin market. Despite the fluctuations, the general trend suggests more activity and adoption is occurring on the Hedera network, indicating increased confidence in the network’s utility.
The supply of USDC in Hedera continues to grow from a low of $43 billion at the beginning of this year to over $74 billion now. This trend is expected to remain stable as more companies and financial institutions realize Hedera’s unique talents.
Currently trading at $0.2307, HBAR is experiencing a tightening chart setup that could indicate an impending breakout. If HBAR breaks out of the current squeeze pattern, the next key resistance level to watch is $0.25
