ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum
Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network. Following this debut, Arbitrum network native token ARB has seen a significant surge in market price, adding to the overall bullish crypto prices today. Related Reading: Arbitrum Attracts Over 48% Of Assets From Ethereum: Why Is ARB Down 68% In 7 Months? Government Money Fund On Arbitrum As reported in....
Related News
Franklin Templeton has filed an updated registration statement for its proposed spot XRP exchange-traded fund, becoming the third issuer in recent days to tweak the pivotal “8(a)” effectiveness language that governs when an S-1 can go live. Bloomberg’s James Seyffart flagged the change and its timing, writing: “NEW: Franklin Templeton files updated XRP ETF s-1 […]
Franklin Templeton has taken a significant step that is already drawing attention across the crypto market. The asset-management giant has filed with the US Securities and Exchange Commission to broaden its Franklin Crypto Index ETF, confirming that Dogecoin will officially be added beginning December 1. The expansion shifts Franklin Templeton’s product from a Bitcoin- and […]
Franklin Templeton previously tapped Curv to help safeguard its fund by building a transaction signing and management system.
Franklin Templeton, one of the world’s largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several other applicants in the race to offer a SOL-based investment product to US investors. Franklin Templeton To Offer Staking […]
Singapore-based DBS Group has forged a strategic partnership with US asset manager and crypto exchange-traded fund (ETF) issuer Franklin Templeton, alongside Ripple, to enhance trading and lending services for accredited and institutional investors. In a press release issued on Thursday, Ripple announced that the collaboration would utilize tokenized money market funds (TMMFs) and the blockchain […]