Franklin Templeton Expands On-Chain Money Market Fund to Avalanche Network, Boosting Appeal in Blockchain-Enabled Finance
Franklin Templeton has expanded its on-chain money market fund to the Avalanche network, making it the first U.S.-registered mutual fund to use a public blockchain for transaction processing and share ownership recording. The move is expected to increase the fund's appeal, given Avalanche's reputation for supporting robust and scalable blockchain solutions. The integration of the Benji platform with the Avalanche network will expand access to Franklin Templeton's tokenized money market fund, providing investors with more opportunities to participate in blockchain-enabled finance. The collaboration between Benji platform and Franklin Templeton is expected to encourage the development of new blockchain innovations, strengthening the platform's position in the financial ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders Rush to Unstaked for 2,700% ROI Opportunity! DOGE & HBAR News Signals Uncertainty
Find out why recent HBAR news signals price uncertainty, while Dogecoin flirts with bullish momentum. Plus, get the full scoop on Unstaked’s AI agents and its 27x ROI potential.HBAR News: $0.18 Resistance Level Sparks CautionDogecoin Price Recovers Strongly After Breakdown TrapUnstaked: Build AI That Works While You SleepWhich Is the Top Crypto to Buy?

Tether posts $1 billion Q1 profit with $5.6 billion reserves

Stocks and Bitcoin rally together as decoupling theory fades

Australian election will lead to pro-crypto laws regardless of winner

Trending news
MoreCrypto prices
More








