Franklin Templeton Upgrades Two Money Market Funds, Advances Blockchain and Stablecoin Adoption
BlockBeats News, January 14th, Franklin Templeton announced updates to two of its institutional money market funds, making them available for the emerging tokenized finance and regulated stablecoin markets.
This adjustment involves funds managed by its affiliate Western Asset Management, aiming to help institutional clients use familiar cash management tools on blockchain platforms and stablecoin reserve frameworks.
Specifically, the Western Asset Institutional Treasury Obligations Fund has adjusted its investment structure to comply with the U.S. GENIUS Act's stablecoin reserve asset requirements, currently holding only U.S. Treasury bills with maturities of no more than 93 days, eligible as reserve assets for compliant stablecoins.
Another fund, the Western Asset Institutional Treasury Reserves Fund, has introduced a new digital institutional share class, allowing approved intermediaries to record and transfer fund share ownership via blockchain infrastructure.
Franklin Templeton stated that this move is designed to help institutional investors gradually adopt on-chain infrastructure without introducing entirely new crypto-native products. This development also echoes recent actions by major financial institutions like JPMorgan Chase in launching tokenized money market products on Ethereum.
You may also like

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

a16z Crypto Operating Partner: Wall Street is undergoing its biggest infrastructure upgrade in 30 years

a16z Crypto's latest research: What is the key to the large-scale application of DeFi?

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

AI Seating Chart Released | Rewire News Morning Brief

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives

Binance Cracks Down on Market Makers, a Long-overdue Trial

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?

Hollywood's AI Necromancy: Death Is No Longer the End of Labor

a16z: DeFi Struggling to Support a True Financial Market

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF

Kalshi early employees: Whoever controls the traffic controls the market

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%

Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure

Why Buying Gold Can Lead to Bankruptcy

If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?
How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.
