Franklin Templeton, a major player in global asset management, has further expanded its blockchain initiatives by integrating its OnChain U.S. Government Money Fund (FOBXX) with the Avalanche blockchain. This move marks the latest step in Franklin Templeton’s strategy to broaden the accessibility and functionality of its tokenized financial products. Originally launched on the Stellar blockchain […]
Platonic, a blockchain infrastructure technology company, has announced the launch of its new decentralized tokenization platform, designed specifically for financial institutions. This platform aims to revolutionize the way assets are tokenized, offering enhanced data privacy and security measures that address some of the key concerns in the industry. Reinventing Tokenization in Capital Markets Platonic’s platform […]
State Street, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the regulatory environment in the […]