SEC delays Franklin Templeton crypto index ETF decision

November 21, 2024 Coin Telegraph

According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history.

The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025.

In a Nov. 20 letter, the regulatory agency explained that it received no comments after publishing the proposed rule change to list the crypto index ETF on the Federal Register on Oct. 8, 2024. SEC officials wrote:

The SEC continued, “Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, designates January 6, 2025, as the date by which the Commission shall either approve or disapprove or institute proceedings to determine whether to disapprove, the proposed rule change.”

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Investment Giant Franklin Templeton Expands Its On-Chain Money Market Fund to Ethereum (ETH)

November 15, 2024 The Daily Hodl

BENJI

The world’s first tokenized money market fund is now on the Ethereum (ETH) layer smart contract platform. In a post on social media platform X, global asset manager Franklin Templeton announces the launch of its Franklin OnChain U.S. Government Money Fund (FOBXX) on the leading smart contract platform. Franklin OnChain U.S. Government Money Fund uses […]

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Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base

November 1, 2024 The Daily Hodl

Altcoins

Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]

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Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Franklin Templeton Integrates Tokenized Fund on Base

November 1, 2024 Bitcoin.com

bitcoin.com

Franklin Templeton, one of the world’s largest investment managers, has announced that it has integrated Benji, a blockchain-integrated record-keeping system, on top of Base, a Coinbase-incubated Ethereum rollup. According to the institution, this move makes it the first organization to build a tokenized fund on top of Base. “Base is a layer 2 blockchain built […]

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Polychain, Franklin Templeton back Bitlayer’s $9M Series A extension

October 8, 2024 Coin Telegraph

Polychain, Franklin Templeton back Bitlayer’s M Series A extension

Bitcoin

The Bitcoin layer-2 startup has raised more capital for its upcoming Bitlayer v2, bringing its total funding to $25 million to date.

Bitcoin layer-2 platform Bitlayer has extended its recent Series A round of funding, attracting additional capital from previous investors Franklin Templeton Digital Assets and Polychain Capital.

According to an Oct. 8 announcement, the startup secured an additional $9 million in funding. SCB Limited, RW3 Ventures, Selini Capital, and G-20 Group were also participants in the round.

Bitlayer is behind the OpVM solution, a new technology that combines two types of proofs — fraud proofs (BitVM) and validity proofs (using OP_CAT) — to create a verification solution for Bitcoin’s base layer. It enables the network to verify a broad range of computations, supporting the security and functionality of protocols running on the Bitcoin network.

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Investment Giant Franklin Templeton Building On-Chain Financial Services for Regulated Securities on Solana

September 22, 2024 The Daily Hodl

Altcoins

Financial services titan Franklin Templeton says it’s building a money fund for regulated securities on the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Mike Reed, Franklin Templeton’s head of digital asset partnership development, says that the investment giant’s last step to completing its project is to file to […]

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Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

WisdomTree aims to bring self-custody to regulated RWAs

September 18, 2024 Coin Telegraph

blackrock

The WisdomTree Connect platform aims to let users access WisdomTree’s RWA tokens with any wallet, from any blockchain network.

WisdomTree has launched a tokenized real-world assets (RWA) platform designed to eventually let users access the asset manager’s regulated fund tokens from any type of wallet or blockchain network, according to a Sept. 18 announcement.

The platform, dubbed WisdomTree Connect, will initially custody users’ tokenized investment funds with third-party custodians while sending a “digital record” of ownership to the user’s personal wallet, WisdomTree said.

Eventually, WisdomTree aims to expand access to its RWAs “to other customer-facing platforms and apps… and retail users with self-hosted wallets,” it said.

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

US Bitcoin ETFs Surge by $202M While Ethereum ETFs Bleed $13M in Outflows

August 27, 2024 Bitcoin.com

Bitcoin

U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session. Bitcoin ETFs Enjoy 8th Straight Day of Inflows With $202M Boost On Aug. 26, the 12 spot bitcoin ETFs […]

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review

August 25, 2024 Bitcoin.com

bitcoin.com

Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for safety. Economist Peter Schiff calls for higher interest rates, even at the risk of triggering a recession. Meanwhile, bitcoin ETFs […]

Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture

Is it time for Avalanche (AVAX) price to turn bullish?

August 22, 2024 Coin Telegraph

AVAX

Avalanche price gained 16%+ in the last week, but are positive media headlines enough to sustain the AVAX rally?

After spending nearly six months in a downtrend, AVAX price looks to be in the early stages of a trend reversal. On Aug. 5, it traded at $17.29, its lowest price in nine months. Over the past two weeks, the altcoin has reversed course with a 45% gain to $25.25.

While AVAX’s flash crash under $18 was mirrored by most altcoins which also sharply sold off during Bitcoin’s (BTC) Aug. 18 correction to $49,500, AVAX has been a laggard versus the wider market since topping out at $65 on March. 18.

Positive news could be partially responsible for the recent uptick in the AVAX price. This week, AVAX investors zoomed in on the Avalanche token unlock schedule and noted that a sharp reduction in the number of token unlock events occurs after the end of 2024. Many investors believe that token unlocks generate sell pressure and deter the various types of long-term ecosystem development that support value accretion to the token.

Franklin Templeton

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