Tokenization has the potential to revolutionize asset management, with several leading firms investigating blockchain’s ability to digitize diverse asset classes.

However, as digital asset management seems poised for mainstream adoption, the momentum in blockchain development investment appears to be waning.

Franklin Templeton’s Bold Foray into Digital Funds

Tokenization involves issuing digital tokens to represent varied assets. Using blockchain technology, assets like securities, real estate, and art can be digitized, offering a more fluid and transparent trading environment.

Franklin Templeton has been a pioneer in this space. After successfully launching the Franklin OnChain US Government Money Fund (FOBXX) on the Stellar blockchain, they extended their operations to the Polygon Network.

Presently, the cumulative value of tokenized

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Author: James Morales

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