Franklin Templeton Expands $410M Money Market Fund to Ethereum Blockchain
Franklin Templeton's OnChain U.S. Government Money Market Fund is now tradable on Ethereum, enhancing access to tokenized assets.
Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock's BUIDL Success: Sources
Coinbase Asset Management is venturing into tokenized money-market funds, tapping into the growing trend of tokenizing real-world assets in the crypto space.
Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi
UK investment firm abrdn and regulated exchange Archax are collaborating to tokenize traditional assets, starting with an institutional-grade money-market fund token.
The tokenized tranche of the abrdn fund, which uses the Hedera Hashgraph ledger, is available for as little as $5,000, potentially attracting new investors.