COFRA, a long-standing family business with a global workforce of over 60,000 employees, has become a member of the Hedera Governing Council, bringing the total number of council members to 30. COFRA aims to develop blockchain-based solutions on Hedera, initially focusing on tokenization and enhancing transparency in their supply chain process. The company will utilize Hedera's Token Service to issue or tokenize real-world assets. With the recent addition of COFRA and Dell to the Hedera Governing Council, there is speculation that the price of HBAR could see a significant increase if the broader crypto market becomes bullish. Stay informed about the latest developments in the blockchain industry and Hedera Hashgraph (HBAR) by visiting our website.