Franklin Templeton Joins XRP ETF Rush, Files Preliminary Application With SEC
The filing’s preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it.
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Franklin Templeton
The filing’s preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it.
There’s a mismatch between the old guard and new.
Franklin Templeton has expanded the trading of its OnChain U.S. Government Money Market Fund to the largest blockchain, Ethereum.
Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.
Wall Street giant Franklin Templeton has made its $410 million OnChain U.S. Government Money Market Fund available Base in addition to Stellar, Aptos, Avalanche, Arbitrum and Polygon.
Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the report said.
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.
Aptos {{APT}}, the Layer 1 blockchain inspired by the discontinued Diem (formerly Libra) blockchain developed by Meta, has become the latest where Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX) can be traded.
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz.
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.