Avalanche Becomes Latest Blockchain to Support Franklin Templeton’s Tokenized Money Market Fund
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.
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Franklin Templeton
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.
Bitcoin processed $36.6 trillion in transactions last year, far more than payment network giants Mastercard and Visa combined.
The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon.
The eight spot ether exchange-traded funds had a successful launch on Tuesday, despite the missing staking feature that many investors had hoped to profit from.
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.
The president and CEO of the asset management giant said blockchains are “transformational tech” that can help drive down operational costs during a panel discussion at Consensus 2024.
BlackRock’s first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
The Depository Trust & Clearing Corporation (DTCC) listed Franklin Templeton’s Ethereum (ETH) spot ETF with a “yes” for create and … Continue reading
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Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.