YieldFX Secures Strategic Grant from Hedera to Advance Tokenized FX Deposits

The Hedera grant will accelerate the rollout of tokenized FX products to meet growing yield demand in emerging markets

LIVINGSTON, N.J., July 15, 2025 /PRNewswire/ -- YieldFX, a digital finance platform delivering tokenized, FX-linked deposits to global users, today announced it has received a strategic grant from the Hedera Foundation to accelerate the development and adoption of programmable, FX-linked deposits on the Hedera Network. This collaboration will focus on delivering compliant, yield-bearing, tokenized cash instruments to global users, particularly in remittance-heavy and underbanked markets.

Built for transparency and compliance, YieldFX's platform enables users to access foreign currency yields (such as the Indian Rupee, Mexican Pesos, or Brazilian Real) through tokenized deposits held with regulated financial institutions and governed by smart contracts. By leveraging Hedera's fast, secure, and energy-efficient DLT infrastructure, YieldFX aims to provide scalable access to cross-border yield with real-time settlement and onchain auditability, tapping into existing liquid foreign exchange markets that, according to the Bank for International Settlements, reached an average daily turnover of $7.5 trillion in 2022.

"We built YieldFX to bring programmable finance to one of the largest untapped segments of global capital, foreign currency cash," said Rajiv Sohal, Co-Founder of YieldFX. "This partnership allows us to accelerate deployment and reach new markets with a secure, institutional-grade platform. Hedera's infrastructure gives us the speed, security, and scalability to deliver tokenized deposits at a global level, without compromising compliance or user experience."

The grant will support YieldFX's technical development, regulatory integration, and go-to-market efforts, with an initial focus on corridors where FX volatility, inflation, and limited financial access create strong demand for stable, yield-bearing alternatives. By tokenizing FX-linked deposits and anchoring them to regulated custody and smart contract-based governance, YieldFX is building a next-generation solution for individuals, businesses, and institutions seeking compliant access to real-world yield on-chain.

"YieldFX is a strong example of how digital finance can deliver real-world value, especially in emerging markets where access to foreign currency yield is limited," said Gregg Bell, CBO of Hedera Foundation. "We're proud to support their mission and look forward to seeing programmable FX deposits scale on Hedera's secure and sustainable infrastructure."

"We're thrilled to have Hedera's support as we work to modernize global cash management," said Doug Jordan, Co-Founder of YieldFX. "This partnership allows us to accelerate deployment and reach new markets with a secure, institutional-grade platform."

About YieldFX 
YieldFX is a digital finance platform delivering tokenized, FX-linked deposits to global users through smart contracts and regulated custody. Designed for transparency, compliance, and accessibility, YieldFX enables individuals and institutions to earn yield on foreign currency cash—such as INR, MXN, or BRL—held with trusted financial partners. By leveraging distributed ledger technology, YieldFX provides programmable access to real-world yield, especially in underbanked and remittance-heavy markets where traditional banking infrastructure falls short.

About Hedera Foundation
Hedera Foundation drives the growth of decentralized finance (DeFi) and enterprise applications on the Hedera Network by empowering developers, builders, and innovators with resources and expert guidance. As a key entity in the Hedera ecosystem, the Foundation is dedicated to supporting projects through their journey from ideation to production, fostering growth and expanding the reach of the Hedera Network.

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SOURCE YieldFX