We're excited that today the Franklin OnChain U.S. Government Money Fund (FOBXX) is now available on Arbitrum. This collaboration with Franklin Templeton will accelerate the integration of decentralized finance within traditional financial services and further strengthen real-world assets on Arbitrum. By onboarding the Arbitrum network to Franklin Templeton's Benji Investments platform, FOBXX will further extend its compatibility within the digital assets ecosystem and reach new audiences. Investors can now gain exposure to FOBXX through the Benji Investments platform, Franklin Templeton's proprietary blockchain-integrated recordkeeping system, and may use the Arbitrum network upon request and subject to eligibility. "Expanding into the Arbitrum ecosystem is an important step on our journey to empower our asset management capabilities with blockchain technology," said Roger Bayston, Head of Digital Assets at Franklin Templeton. "We are enthusiastic about the opportunities this partnership will unlock for our firm and our clients." Curious to learn more? Click here: https://buff.ly/4dxrCpm
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The launch of Franklin OnChain US Government Money Fund (FOBXX) on Arbitrum is testament to the maturity of the Arbitrum technology and the depth of liquidity within the ecosystem. 1️⃣ Technology In line with Vitalik’s rollup centric roadmap, Arbitrum is a stage 1 rollup with interactive fraud proof live from Day 1. As a rollup, transactions that happens on the L2 is batched and submitted to Ethereum directly, this inheriting Ethereum security guarantees. The team is working on new upgrades to the Arbitrum protocol such as Bounded Liquidity Delay (BoLD), currently in testenet, to further accelerate the path towards a stage 2 rollup. 2️⃣ Liquidity Arbitrum, the leading Layer 2 network by total value locked, holds 1.95M ETH via its bridge and $4.5B in stablecoins (USDC and USDT). These assets could accelerate the adoption of tokenized RWAs by utilizing idle assets more effectively on-chain. This is just the beginning for institutional use cases on Arbitrum. We’re excited to continue innovating and growing the vertical on Arbitrum.
We're excited that today the Franklin OnChain U.S. Government Money Fund (FOBXX) is now available on Arbitrum. This collaboration with Franklin Templeton will accelerate the integration of decentralized finance within traditional financial services and further strengthen real-world assets on Arbitrum. By onboarding the Arbitrum network to Franklin Templeton's Benji Investments platform, FOBXX will further extend its compatibility within the digital assets ecosystem and reach new audiences. Investors can now gain exposure to FOBXX through the Benji Investments platform, Franklin Templeton's proprietary blockchain-integrated recordkeeping system, and may use the Arbitrum network upon request and subject to eligibility. "Expanding into the Arbitrum ecosystem is an important step on our journey to empower our asset management capabilities with blockchain technology," said Roger Bayston, Head of Digital Assets at Franklin Templeton. "We are enthusiastic about the opportunities this partnership will unlock for our firm and our clients." Curious to learn more? Click here: https://buff.ly/4dxrCpm
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DeFi is transforming asset management, traditionally dominated by conventional financial institutions. With over $20 billion in assets under management as of October 2021, DeFi introduces more efficient, transparent, and accessible financial solutions. 📈 💡 Emerging Trends in DeFi Social Trading: Platforms like Zignaly enable investors to emulate seasoned traders, fostering community-driven investments. Yield Farming: Protocols such as Yearn Finance maximize returns on idle assets, leveraging DeFi's dynamic ecosystem. Liquidity Mining: Initiatives like Uniswap incentivize liquidity provision, enhancing DeFi market stability. 💧 🔍 Challenges in DeFi Asset Management DeFi's growth comes with challenges, including regulatory uncertainties and the technical complexities of its platforms, underscoring the need for streamlined and secure user experiences.🛠️ #GhafLabs #Web3 #Blockchain #DeFi #AssetManagement #FinanceInnovation
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Today, FalconX is proud to announce the integration of the BlackRock USD Institutional Digital Liquidity Fund (#BUIDL) into our trading platform. Why is it a major milestone for the digital asset industry? - The introduction of tokenized money market funds will increase the efficiency of the market and provide a path to future tokenizations through the distribution of financial products globally on chain. - Today, stablecoins represent > $100bn in AUM of tokenized dollars – providing individuals and institutions around the world the ability to purchase, hold, and send dollars 24/7/365. - Tokenized money markets provide a dollar peg + yield of US treasuries. This introduces yield bearing collateral for customers and presents competition for stable coins and banking rails. These are all positive signs of a maturing crypto market structure. To learn more about how it can benefit your trading strategies, contact our team.
Qualified investors in BlackRock’s tokenized fund who are common clients of FalconX can now use #BUIDL as collateral for derivatives and lending transactions with FalconX. As a leading prime broker and CFTC-registered swap dealer focused on digital assets, FalconX offers its clients a comprehensive suite of trading and risk management solutions. We are pleased to expand the utility of BlackRock’s first tokenized fund on the Ethereum blockchain and help usher in the next stages of digital asset adoption. To learn more about how it can benefit your trading strategies, contact our team. https://lnkd.in/eKnSPHMh
FalconX accepts BlackRock’s tokenized fund as trading collateral, enhancing BUIDL’s utility
falconx.io
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The ecosystem is starting to be built
Qualified investors in BlackRock’s tokenized fund who are common clients of FalconX can now use #BUIDL as collateral for derivatives and lending transactions with FalconX. As a leading prime broker and CFTC-registered swap dealer focused on digital assets, FalconX offers its clients a comprehensive suite of trading and risk management solutions. We are pleased to expand the utility of BlackRock’s first tokenized fund on the Ethereum blockchain and help usher in the next stages of digital asset adoption. To learn more about how it can benefit your trading strategies, contact our team. https://lnkd.in/eKnSPHMh
FalconX accepts BlackRock’s tokenized fund as trading collateral, enhancing BUIDL’s utility
falconx.io
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📈 "As the digital asset landscape expands, so does the need for specialized fund administration services. Our latest white paper 📄 delves into the challenges and critical considerations for digital asset fund management, exploring how Formidium's innovative solutions 🔍 help fund managers achieve compliance, transparency, and operational efficiency. Dive into the full paper 🔗 to learn how we’re helping to drive success 🚀 in this dynamic market. 📥 Download here: https://lnkd.in/ghqfW3DR. #DigitalAssets #fundadministration #cryptocurrency #Formidium #DigitalAssetinvestmentmanager #Bitcoin #Blockchain #Investing #Web3 #Tokens #Cryptocurrency #Crypto #DigitalCurrency #HedgeFunds
Harnessing the Power of Fund Services in Digital Assets
formidium.com
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Senior Vice President - Sales and BD | Client Success at Formidium | Digital Asset | Crypto | DeFi | Hedge Fund | Fund Accounting | Venture Capital | Private Equity | Business analysts | Product control
🎉Excited to share my first white paper 📄 on the complexities and opportunities in digital asset fund management! With the rapid growth of blockchain, DeFi, and tokenization 🌐, fund managers face new challenges in a constantly evolving landscape. 💡 This paper explores how outsourcing fund administration can empower managers to scale 📈 and thrive. Check it out to see how Formidium is leading the way 🔗 in this transformative space! Contact me or DM me if you need to know more about how Formidum is Driving Efficiency in Digital Asset Funds through Expert Administration. #DigitalAssets #cryptocurrency #Fundamdinistartion #fundadministrators #web3 #Formidium #FormidiumSingapore
📈 "As the digital asset landscape expands, so does the need for specialized fund administration services. Our latest white paper 📄 delves into the challenges and critical considerations for digital asset fund management, exploring how Formidium's innovative solutions 🔍 help fund managers achieve compliance, transparency, and operational efficiency. Dive into the full paper 🔗 to learn how we’re helping to drive success 🚀 in this dynamic market. 📥 Download here: https://lnkd.in/ghqfW3DR. #DigitalAssets #fundadministration #cryptocurrency #Formidium #DigitalAssetinvestmentmanager #Bitcoin #Blockchain #Investing #Web3 #Tokens #Cryptocurrency #Crypto #DigitalCurrency #HedgeFunds
Harnessing the Power of Fund Services in Digital Assets
formidium.com
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Partnerships @ Ondo Finance | ex: Circle (USDC) & BlackRock | #DeFi #Crypto #FixedIncome #CapitalMarkets #WomeninWeb3
📈 BlackRock's #BUIDL fund grew $70 million last week to take the top spot from Franklin Templeton's #BENJI offering, which saw minor outflows. 🌊 The change in guard was largely thanks to the growth of Ondo Finance (#ONDO), whose tokenized Treasury offering #OUSG leverages BlackRock's token as reserve asset and enjoyed $50 million of inflows in a week. 🏦 The rapid growth of BlackRock's first tokenized offering, occurred as putting conventional assets like bonds and credit onto blockchain rails in forms of tokens – also known as tokenization of real-world assets (#RWA) – has captivated digital asset firms and traditional finance (#TradFi) giants alike. 🤝 Tokenization could offer benefits like faster, around-the-clock settlements, increased operational efficiency and greater transparency. https://lnkd.in/gaWYTDFW #OndoFinance
BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's
coindesk.com
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BlackRock's #BUIDL Fund has quickly become the world’s largest tokenized treasury fund, surpassing Franklin Templeton’s #BENJI in record time. 📈 In just six weeks, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has achieved a market cap of $375 million, overtaking the Franklin OnChain U.S. Government Money Fund's $368 million. Read more at https://lnkd.in/e9qbq_8C Tom Wan, 21.co 🌟 Fast Facts: ✅ BUIDL absorbed $70 million last week alone, with significant contributions from real-world asset tokenization firms. ✅ More than $1.2 billion in U.S. Treasurys now tokenized across multiple blockchains. ✅ Blockchain tokenization market projected to hit $16 trillion by 2030, according to Boston Consulting Group. 🌐 As the #tokenization of traditional financial assets gains momentum, Zoniqx (Formerly Tassets) is expertly steering the transformation with its advanced Tokenized Asset Lifecycle Management (#TALM) solution. Built on the innovative, multichain interoperable #RWA protocol #DyCIST (#ERC7518), Zoniqx manages every phase from issuance to trading and liquidity of digital assets, ensuring secure and compliant transformation of real-world assets into digital tokens. Explore the future with Zoniqx (Formerly Tassets) as we redefine asset management and investment for a digital world. Connect with the team at https://lnkd.in/e47SA2q4 #BlackRock #BUIDL #Blockchain #Tokenization #Zoniqx #CryptoFinance #DigitalAssets
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Sergey Nazarov, CEO of Chainlink, discussed the transformative potential of tokenization in enhancing transactional efficiency and asset management in the crypto ecosystem. Tokenization involves converting asset rights into digital tokens on a blockchain, enabling instantaneous transactions and more efficient collateral management. Nazarov highlighted the innovation of a unified golden record, merging ownership rights and asset data into a single record, reducing risk and complexity in asset management. He emphasized the inevitability of complete tokenization of value and the transition to blockchain-based smart contracts. Chainlink's collaborations with major financial institutions aim to bring real-time data to blockchain platforms and revolutionize fund management through tokenization, offering efficiency, security, and transparency in asset management.
Sergey Nazarov Reveals Blockchain's Game-Changing Impact on Asset Management!
growmybag.tv
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Cyber Defense Analyst | Blockchain & DeFi Enthusiast | Data Loss Prevention | Splunk | Cloud Security | Threat Hunting
Are you ready to dive into the future of finance? BlackRock, the financial giant, just made a groundbreaking move in the world of cryptocurrency with the launch of its first Ethereum-based tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL)! What does this mean for you? Well, imagine having the opportunity to invest in a fund fully collateralized by cash, U.S. Treasury bills, and repurchase agreements, all on the Ethereum blockchain. With BUIDL, qualified investors can now earn U.S. dollar yields in a whole new way. But that's not all! BlackRock has teamed up with industry leaders like Securitize and BNY Mellon to ensure the security and efficiency of the fund's operations. Plus, with partners like Anchorage Digital Bank NA, BitGo, Coinbase, and Fireblocks providing infrastructure, you can trust that your investments are in good hands. So, how does it work? Through tokenization, real-world assets are represented digitally on the blockchain, making investing more accessible and transparent than ever before. Qualified investors can easily create a digital wallet, sign up with Securitize, and start investing with as little as $5 million. But BlackRock isn't the only player in town. With the recent surge in interest in blockchain technology, investment titans like Franklin Templeton and Ondo Finance are also jumping on the bandwagon with their own tokenized funds. Let's build a brighter financial future together! 💼💰 #BlackRock #BUIDL #BlockchainRevolution #FutureofFinance #InvestmentOpportunity
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That’s an exciting news! Franklin Templeton let us know how we can help you develop your onchain data infrastructure needs. Many DeFi and tokensation platforms are leveraging on Project Zero