HBAR Rallies as BlackRock Assets on Hedera Network Surpass $40 Billion

Key Facts

1BlackRock's net assets on the Hedera network have surpassed $40 billion.

2IBM signed a deal to develop AI agents based on Hedera technology.

The HBAR crypto token rallied following reports of significant institutional growth on the Hedera network. DailyCoin reported that BlackRock's net assets on the chain have surpassed $40 billion, while IBM has signed a deal to develop AI agents utilizing Hedera technology.

These milestones have driven bullish sentiment regarding the network's utility. Shares of BlackRock (BLK) closed at $1086.31 on September 25, 2026. The institutional expansion highlights increasing enterprise adoption for identity infrastructure and AI-driven applications.