Franklin Templeton – one of the world’s largest global investment managers – has received approval from Luxembourg regulator Commission de Surveillance du Secteur Financier (CSSF) to launch the first fully tokenized UCITS (Undertakings for Collective Investment in Transferable Securities) fund of its kind in Luxembourg. Shares in the fund will be issued using Franklin’s proprietary […]
Private equity firm Aurum Equity Partners has introduced a $1 billion fund that leverages tokenization to integrate both equity and debt instruments for data center investments across the United States, UAE, Saudi Arabia, India, and Europe. The fund, supported by the XRP Ledger (XRPL), uses blockchain technology to bring new operational efficiencies, improved liquidity, and […]
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 […]