$1.5 trillion global asset manager to launch mutual fund on Solana
In a move that blends the world of traditional finance with cutting-edge blockchain technology, Franklin Templeton, a global asset manager with a cool $1.5 trillion in assets under management, has just revealed its plans to launch a mutual fund natively on the Solana (SOL) blockchain during the Solana Breakpoint 2024 event in Singapore on September 20. And, yes, you read that right—a mutual fund on Solana. Mike Reed, the guy leading Partnership Development at Franklin Templeton, took the stage at the event on September 20 to break down what could be a game-changer for both finance and crypto. In his keynote, Reed highlighted why blockchain is more than just hype for financial services—it’s a way to actually make things run more smoothly and cost-effectively. Picks for you Where to put $5,000 in crypto to make you a millionaire in 20...