Franklin Templeton Expands Its On-Chain Treasuries Fund to Arbitrum
Thursday, 8 August 2024, 13:01
Introduction to the Fund
Franklin Templeton's on-chain U.S. treasuries fund is now operational on Arbitrum, which is the largest Ethereum Layer 2 network.
The Importance of Arbitrum
This expansion allows Franklin Templeton to tap into the benefits of scalable and efficient blockchain technology, thus attracting a broader base of investors.
Implications for Traditional Finance
- Bridges the gap between traditional finance and decentralized finance.
- Increases accessibility for users looking for secure investment avenues.
Conclusion
This launch signifies a noteworthy step towards the mainstream adoption of on-chain financial products, advancing how traditional financial entities engage with blockchain.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.