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FedEx Joins Hedera Council to Digitize Supply Chains, Stock Rises

FedEx Joins Hedera Council to Digitize Supply Chains, Stock Rises

Author:

Global Cryptocurrency

Published:

2026-02-13 17:28:02

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BTCCSquare news:

FedEx Corporation's stock (FDX) surged 1.36% to $374.47 after announcing its membership in the Hedera Council, a strategic move to digitize global supply chains. The logistics giant will operate a node on Hedera's distributed ledger, replacing paper-based processes with secure digital infrastructure.

The collaboration positions FedEx at the forefront of blockchain-powered logistics, leveraging Hedera's technology for enhanced supply chain visibility. Market confidence in FedEx's digital transformation was evident as shares recovered from an early dip following the announcement.

This partnership reflects broader institutional adoption of distributed ledger technology, with FedEx contributing operational expertise to develop open digital infrastructure for global commerce.

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