Franklin Templeton, with $1.4 trillion in assets under management, announced that $270 million money market fund is backed on Polygon (MATIC) blockchain.
Franklin Templeton said in a recent press release, 270 million Dollar On-chain US government money market fund Ethereum (ETH) The layer-2 blockchain is supported on Polygon.
Franklin Templeton Head of Digital Asset Unit Roger Baystonto expand the fund’s service area to Polygon. of the digital ecosystem a little more with the rest compatible He said he made it happen. a blockchain advocate known as Templeton’s with blockchain technology increase operational efficiency stated purpose.
mediating the ownership of the fund Benji Investments native token of the app BENJI was represented by. The fund is registered in the USA, serving on the blockchain. first fund It was noted that. It will start its operations in 2021. Stellar (XLM) Investing in any digital asset due to the content of the fund starting on the blockchain that you didn’t underlined.
Head of Global Corporate Capital, Polygon Labs Colin Butler, tokenized global financial system of assets will restructure and Templeton’s on the front lines stated that he was involved.
According to Coinecko data, the latest 30 days in 5.5% depreciating MATICend 24 hours in 1.3% declining as of writing $0.991 traded at the level.