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Franklin Templeton Brings Tokenized U.S. Treasury Fund to European Investors

Source: CoinDesk The asset manager’s U.S.-registered version of the fund Franklin OnChain U.S. Government Money Fund has attracted $580 million in assets. What to know: Franklin Templeton has launched the first fully tokenized U.S. Treasury fund registered in Luxembourg. The U.S-based version of the Franklin OnChain U.S. Government Money Fund has attracted $580 million of… Continue reading Franklin Templeton Brings Tokenized U.S. Treasury Fund to European Investors

21co analyst sees tokenized US treasuries hitting $3 billion by year-end

Source: CryptoSlate According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. 21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs).… Continue reading 21co analyst sees tokenized US treasuries hitting $3 billion by year-end