The tokenised Canary HBR ETF completed its first Onchain trade during a US market holiday, showing how regulated assets can move without standard exchange limits.
The transaction took place on the Hedera network while traditional markets remained closed for Thanksgiving.
Archax confirmed the after-hours execution and framed it as a real demonstration of blockchain-enabled continuity.
The milestone showed how tokenised instruments operate in real time under regulatory oversight.
Hedera enables real-time trade during market closure
Archax said the trade aligned with its push to connect regulated markets with blockchain infrastructure.
The UK and EU-regulated exchange reported that the ETF executed a live transaction on Hedera’s public network on November 27, even as US exchanges stayed offline.
The firm described the ETF as linked to Hedera’s native token and fully transactable onchain.
They explained that the movement happened in real time while maintaining the institutional checks applied to traditional products.
Officials involved in the project said the Thanksgiving closure underscored the value of continuous settlement.
Archax noted that the ETF’s structure brings regulated products directly onto distributed ledger rails and reduces timing friction found in market-based systems.
Hedera said in its blog that the network handled issuance, transfer, and settlement on one infrastructure. Its team added that the transaction demonstrated how regulated financial instruments operate efficiently while remaining compliant.
The organisation behind the chain said the ETF completed the first onchain trade processed entirely through Hedera. It noted that the public network provided the settlement layer needed for secure and transparent execution.
Hedera’s leadership said the timing flexibility showed the network’s institutional design and capacity to support regulated assets during off-hours.
Archax frames the trade as early preview of broader adoption
Archax expanded on the development in its communications.
The firm said the tokenised format gives issuers and buyers continuous access and supports the possibility of 24-hour operation for regulated instruments. Executives stated that blockchain-based settlement enables activity during holidays or sudden closures without altering compliance rules.
The exchange said the completed trade offered a preview of how regulated markets could shift toward tokenised systems for operational continuity.
Archax added that digital infrastructure provides an avenue for traditional finance to function without interruption. The firm said the real-time movement showed how tokenised equities respond in live settings and how distributed ledger rails enhance market resilience.
Hedera concluded that the transaction proved the system’s ability to process regulated assets securely and transparently.
Both organisations described the event as a meaningful step toward integrating regulated products with public blockchain infrastructure.