Franklin Templeton is reshaping its tokenized money market funds to align with new US stablecoin regulations, moving products onto Coinbase’s Base network to improve compliance, liquidity, and investor access.
Franklin Templeton has announced its support for the Bitcoin DeFi movement, heralding a ‘new utility’ for investors. This strategic endorsement underscores the growing recognition of Bitcoin’s potential to reshape financial ecosystems and enhance investment opportunities.
Franklin Templeton’s bid to list its XRP-focused ETF has experienced a setback due to regulatory delays. The firm, which manages $1.6 trillion in assets, is awaiting clarity from regulators, impacting its timeline for launching the investment product.
The Sui Foundation has announced a strategic partnership with Franklin Templeton Digital Assets, aimed at enhancing blockchain-based financial solutions. This collaboration seeks to leverage innovative technologies to broaden investment opportunities in the digital asset space.
Franklin Templeton pioneers as the first asset manager on the Layer 2, extending its tokenized Treasury Fund to base, marking a significant leap in digital asset accessibility and efficiency.
Franklin Templeton has officially integrated the Aptos blockchain to enhance its tokenized money market fund. This strategic move aims to leverage blockchain technology for improved liquidity and efficiency, reflecting a commitment to innovation in financial services.
Franklin Templeton, known for its investment management expertise, predicts a “renaissance” in Bitcoin innovation driven by ordinals. Ordinals enable data, such as images and text, to be permanently inscribed onto the Bitcoin blockchain. This development unlocks novel applications, such as digital art, rare digital items, and on-chain gaming.
Franklin Templeton suggests that the increased functionality and utility of Bitcoin through ordinals could attract new users, developers, and investors. This potential surge in activity could drive further innovation and growth in the Bitcoin ecosystem. The firm believes that ordinals have the power to transform Bitcoin into a platform for a wider range of applications, opening up new possibilities for the future of decentralized finance and the digital economy.