Logistics giant FedEx joins the Hedera Governing Council, HBAR surges 7% in a single day, enterprise-grade blockchain accelerates adoption

February 14 News, global logistics giant FedEx Corp has officially joined the Hedera Council as a governance member of the decentralized network, aiming to bring complex global supply chain processes onto the blockchain system to achieve data verifiability and process traceability for digital collaboration. Following the announcement, Hedera’s native token HBAR price surged rapidly, rising over 7% within 24 hours to approximately $0.097, with market capitalization increasing to $4.19 billion, and market attention significantly heating up.

According to disclosures, FedEx will introduce Hedera’s distributed ledger technology into its cross-border logistics and document management scenarios. Every package movement, document signing, or status update will generate an immutable “digital fingerprint” on the chain, allowing all participants to verify the authenticity of information in real-time without relying on centralized databases. This model is expected to reduce manual verification, enhance transparency, and lower compliance and audit costs.

Vishal Talwar, FedEx’s Chief Digital and Information Officer, stated that multi-party data sharing has become a key requirement in the logistics industry, and blockchain provides a solution that improves collaboration efficiency while safeguarding privacy. Hedera’s architecture allows enterprises to write only verification information to the public ledger, while core business data remains within their own systems, balancing security and efficiency. As a council member, FedEx will also participate in network upgrades, fund management, and strategic voting, as well as provide computing resources for network operation.

This collaboration also strengthens Hedera’s positioning in the enterprise blockchain space. Previously, Lloyds Banking Group from the UK and Aberdeen Investments completed foreign exchange transactions on Hedera using tokenized real assets as collateral, and Avery Dennison has tracked billions of products through its atma.io platform on the network. With FedEx’s addition, a more interoperable supply chain and financial data network is taking shape.

From the perspective of price response and application scenario expansion, institutional adoption is bringing new growth narratives to HBAR and providing practical examples of “supply chain on-chain.”