$1.5 trillion Franklin Templeton launches tokenized treasury fund on Solana after hinting at SOL ETF filing

Key Takeaways Franklin Templeton has expanded its tokenized treasury fund to Solana, making it the eighth blockchain platform for FOBXX. The firm on Monday registered the Franklin Solana Trust, indicating plans for a Solana ETF in the US. Share this article Franklin Templeton, managing around $1.5 trillion in assets, is bringing its tokenized treasury fund to Solana, the company announced on X today. The launch comes after the asset manager registered its Franklin Solana Trust in Delaware on Monday. New chain unlocked. BENJI is now live on @solana! Solana is…

Galoy Launches Bitcoin-Backed Loan Software, Sets Groundwork For Open-Source Banking

Founder: Nicolas Burtey Date Founded: September 2019 Location of Headquarters: United States Number of Employees: 11 Website: https://www.galoy.io/ Public or Private? Private Last week, Galoy launched Lana, software that enables banks to accept bitcoin as collateral for loans. Lana helps community and challenger banks (the banks with which Galoy is looking to work) to offer bitcoin-backed loans to various types of customers. “Some banks might want to use it to sell to retail, and some might want to use it to sell commercial customers or high-net-worth individuals,” Burtey told Bitcoin…