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 […]
BlackRock’s tokenized fund, BUIDL, has reached a significant milestone by crossing a market value of $502.8 million, as reported by Hope from CoinMarketCap. Launched in March on the Ethereum blockchain in collaboration with Securitize Markets, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) provides institutional investors with the opportunity to earn yields on tokenized U.S. […]
Investcorp, a prominent alternative investment firm, has partnered with Securitize, the leader in tokenizing real-world assets, to explore fund tokenization opportunities. This strategic collaboration will initially focus on Investcorp’s Strategic Capital Group (ISCG), which specializes in acquiring minority interests in alternative asset managers (GPs). ISCG, managing approximately $1.5 billion in assets under management (AUM), has […]
