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 […]
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 […]
Citi has unveiled its Citi Integrated Digital Assets Platform (CIDAP), marking a significant step in the bank’s digital transformation journey. This platform leverages blockchain technology to offer secure, efficient, and innovative digital asset solutions through a single integrated system, in line with Citi’s governance and risk management frameworks. As blockchain technology is recognized for its […]
