1.6 trillion USD Franklin Templeton taps VeChain to expand distribution of its tokenized treasury fund

Franklin Templeton has teamed up with VeChain to improve access to its tokenized treasury fund. The Franklin OnChain U.S. Government Money Fund has emerged as a significant player, boasting over 780 million USD.

Utilizing VeChain’s blockchain technology offers low-cost transactions and rapid settlements. The collaboration involves BitGo for custody solutions and Keyrock for trading, reinforcing institutional interest in tokenized assets.

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