Franklin

Franklin OnChain U.S. Government Money Fund

Polygon

MN Coin

Coin

<ul class="news-points"> 
 <li>Reports suggest that 2023 witnessed an array of developments in blockchain technology.</li> 
 <li>Franklin Templeton’s mutual fund program on the Polygon blockchain saw $329 million in net assets in November.</li> 
 <li>JPMorgan’s increasing activities using its blockchain applications show the potential growth of the technology.</li> 
</ul> 
A recent <a href="https://www.bloomberg.com/news/articles/2023-12-19/wall-street-blockchain-apps-from-jpmorgan-jpm-hsbc-hsbc-face-2024-tests" target="_blank" rel="nofollow">Bloomberg</a> report shed light on the widening adoption of blockchain technology, unveiling a list of recent developments in the industry. While 2023 witnessed an array of industrial activities, a groundbreaking move was the global investment management organization Franklin Templeton’s<a href="https://www.franklintempleton.com/press-releases/news-room/2023/franklin-templeton-money-market-fund-launches-on-polygon-blockchain" target="_blank" rel="nofollow"> alliance</a> with the blockchain platform Polygon. 
Earlier this year, Franklin Templeton launched a mutual fund program on the Polygon blockchain with the aim of fostering “operational efficiencies through the use of a blockchain-integrated system, including increased security, faster transaction processing, and reduced costs, benefiting Fund shareholders.” According to the Bloomberg report, by the end of 2023, the Franklin OnChain U.S. Government Money Fund has acquired around $329 million in net assets. 
The post <a href="https://coinedition.com/jpmorgans-blockchain-activities-shows-technologys-potential-growth/">JPMorgan’s Blockchain Activities Shows Technology’s Potential Growth</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

JPMorgan’s Blockchain Activities Shows Technology’s Potential Growth

Coin Edition

Other articles published on Dec 19, 2023

Binance and CZ Settle Historic CFTC Case for $2.85 Billion, Approved by Court

Gamers Can Now Convert In-Game Assets To Real World Money Via GS Pay

Why Is Bitcoin ETF Important in The U.S. and What Next After That?

Explore These Fastest-Growing Cryptocurrencies In December 2023

Another Company Joins the Race for a Spot Bitcoin ETF in the U.S.! Here Are the Application Details!

Rocket Pool Price Near $25; Will RPL Show a Bounce or Decline?

Join our free newsletter for daily crypto updates!