ChainCatcher news, according to official sources, Sui announced a strategic partnership with Franklin Templeton Digital Assets, focusing on supporting Sui ecosystem builders and leveraging the Sui blockchain protocol to deploy new technologies.

ChainCatcher news, Franklin Templeton has expanded trading of its OnChain U.S. Government Money Market Fund (FOBXX) to Ethereum.The asset management company has added a range of new blockchains to support the fund this year, including the recent Coinbase's Base, Aptos, and Avalanche. It uses the Stellar network as its primary public blockchain.FOBXX was launched in 2021, becoming the first money market fund to use a public blockchain to track transactions and ownership. Currently, its market capitalization is $410 million, making it the third-largest tokenized money market fund.

ChainCatcher news, the blockchain-integrated record-keeping system Benji launched by Franklin Templeton Digital Assets is now live on Base. Franklin Templeton stated that it has become the first asset management company to establish a tokenized fund on Base.

ChainCatcher news, according to Coindesk, Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX) has now launched on Coinbase's (COIN) Layer 2 blockchain Base. Currently, in addition to Base, Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX) is also available on Arbitrum, Polygon, Avalanche, Aptos, and Stellar.

ChainCatcher news, according to Arkham monitoring, Bitcoin mining company Cipher Mining marked an address that transferred 57.977 BTC, worth approximately 3.96 million USD, to Franklin Templeton's spot Bitcoin exchange-traded fund EZBC Bitcoin ETF about 21 hours ago.

ChainCatcher news, Bitcoin Layer2 project Bitlayer has completed a $9 million A+ round financing with a valuation of $300 million. This round was led by Polychain Capital, with Franklin Templeton co-leading, and participation from SCB Limited, Selini Capital, G-20 Group, and other investors.Bitlayer co-founder Charlie Hu revealed that this round of financing started in early August and concluded last week. Just three months ago, the company had completed a $11 million Series A financing.Like the previous Series A financing, Bitlayer's A+ financing uses a Simple Agreement for Future Equity (SAFE) structure, accompanied by token warrants, with a valuation of $300 million, which includes both equity valuation and fully diluted token valuation. The latest round of financing brings Bitlayer's total funding to $25 million.

ChainCatcher news, according to CoinDesk, Aptos has now become the latest network where investors can trade shares of Franklin Templeton's OnChain U.S. Government Money Market Fund (FOBXX).It is reported that this fund is the second largest tokenized fund in the market, with a market capitalization of $435 million, and has currently launched on Arbitrum, Stellar, Polygon, Avalanche, and Ethereum.

ChainCatcher news, at the Solana Breakpoint conference, Franklin Templeton announced plans to launch a money market fund on Solana. Mike Reed from Franklin Templeton introduced Solana's technology at the Solana Breakpoint summit, including its high speed, low cost, modern architectural innovations (such as token scaling and development tools), and its community, explaining why they chose to build on Solana.Once launched, Franklin Templeton will become the first asset management company to issue securities on Solana based on a publicly registered statement with the U.S. Securities and Exchange Commission.

ChainCatcher message, the beginning of the Federal Reserve's easing cycle should be seen as an important signal to increase equity exposure.Chris Galipeau, Senior Market Strategist at Franklin Templeton, stated that history shows when the Federal Reserve cuts rates during an economic expansion, the S&P 500 index averages a 16.66% increase in the 12 months following the first rate cut. Conversely, when the Federal Reserve cuts rates during an economic expansion, the maximum average decline of the S&P 500 index is 4.91%. He noted that since the Federal Reserve cut rates in 1990, large-cap and small-cap stocks have shown the strongest growth performance in the 12 months following the first rate cut. "Therefore, we believe any pullback is a buying opportunity," Galipeau added. (Jin Shi)

ChainCatcher news, according to Jinshi reports, Wylie Tollette, Chief Investment Officer of Franklin Templeton Investment Solutions, believes that "if inflation in the housing sector persists, then a 50 basis point rate cut could actually accelerate or amplify this situation." He expects the Federal Reserve to cut rates by 25 basis points next week and added that this election could complicate the prospects for significant rate cuts. Trump previously stated that a Fed rate cut would help Harris become the incumbent vice president, "even though they know they shouldn't do that."Wylie Tollette stated, "The Fed's path is that they want to do the right thing for the economy, and I don't think they want to be seen as benefiting the incumbent candidate through more aggressive rate cuts."

ChainCatcher message, asset management giant Franklin Templeton announced the expansion of its on-chain U.S. government money market fund (FOBXX) to the Avalanche network. The fund is represented by the BENJI token and is currently traded on Stellar, Polygon, and Arbitrum.Franklin Templeton's Head of Digital Assets, Roger Bayston, stated that this move will further broaden the use of its innovative tokenized money market fund. FOBXX was established in 2021 and is the first U.S. registered mutual fund to record transactions on a public blockchain, investing in low-risk U.S. government securities. It is the second-largest tokenized fund, following BlackRock's BUIDL project. Currently, the management scale of tokenized government securities has reached $1.8 billion.

ChainCatcher news, Franklin Templeton CEO Jenny Johnson stated at the Wyoming Blockchain Symposium held in Jackson Hole that she spends 30% of her daily work researching disruptive technologies, as her main focus is positioning the company for the next generation, which includes digital assets. Johnson believes this is one of the two obvious trends she does not want to miss (the other being artificial intelligence)."What’s crazy to me is that in traditional finance, they have no idea about the amount and transaction volume of (Bitcoin)," Johnson added.In 2023, Bitcoin processed over $36.6 trillion in transactions, far exceeding Mastercard ($9 trillion) and Visa ($14.8 trillion). Johnson believes that the traditional finance sector is almost completely unaware of Bitcoin and its massive transaction volume, stating, "The entire ecosystem has almost ignored a parallel, huge ecosystem."

ChainCatcher news reports that, according to a document dated August 16, Franklin Templeton has submitted an S-1 application for a new cryptocurrency index ETF, aiming to become a one-stop cryptocurrency portfolio. The Franklin Cryptocurrency Index ETF will track the performance of the CF Institutional Digital Asset Index, which currently includes only Bitcoin and Ethereum.The document states that the fund will seek to achieve its investment objective by investing in digital assets, with weights that are roughly similar to those represented by the underlying index, and that the ETF may hold other types of cryptocurrencies in the future.

ChainCatcher news, according to CoinDesk, asset management company Franklin Templeton, with an asset size of $1.5 trillion, has expanded its on-chain U.S. government money market fund (FOBXX) to the Ethereum Layer 2 network Arbitrum, making it the third blockchain supported by the fund, which was previously launched on Stellar and Polygon.

ChainCatcher news, SBI Holdings will establish a management company primarily dealing with digital assets in partnership with asset management firm Franklin Templeton by the end of this year. The United States has lifted the ban on exchange-traded funds (ETFs) that include cryptocurrencies such as Bitcoin, and Japan is also preparing to relax regulations.The new company will be owned 51% by SBI Holdings and 49% by Franklin Templeton.

ChainCatcher news, the well-known asset management company Franklin Templeton Digital Assets stated on X that investing in Ethereum (ETH) represents ownership of the world's largest decentralized ecosystem. They expressed excitement about the following innovative areas: parallel execution, re-staking primitives, alternative data availability (DA), and Blob utilization after EIP 4844.In addition to Ethereum, they are enthusiastic about the progress of the Bitcoin ecosystem following the launch of the BTC ETF, focusing on Bitcoin Layer 2, re-staking/native yield primitives, Ordinals, DeFi/Runes, and OP Cat.Moreover, Solana's adoption rate has significantly increased, demonstrating the potential of high-throughput single-chip architecture, and continues to mature despite facing technical challenges.