News

PANews reported on March 25 that, according to Bloomberg, asset management firm Franklin Templeton partnered with Ondo Finance to launch a tokenized version of its ETF that can be traded 24/7 in crypto wallets, bypassing traditional brokerage accounts and restricted trading hours. The related products cover US equities, fixed income, and gold, with the first batch available to investors in Europe, Asia-Pacific, the Middle East, and Latin America. Franklin stated that the launch time in the US market will depend on further clarification from regulators about third parties distributing registered funds on-chain.

ChainCatcher news: M1X Global, the organization behind the Marshall Islands UBI program, has completed a $3 million angel round of financing. Investors include former CTO of an exchange Balaji Srinivasan, Cumberland Labs CEO Tama Churchouse, and other figures in the crypto industry. The funds will be used to drive the expansion of USDM1 digital sovereign bonds into institutional markets. USDM1 was launched on the Stellar blockchain in December last year, but the IMF has previously warned that the project poses fiscal risks and network security vulnerabilities, stating that its returns are disproportionate to its risks.

ChainCatcher news: According to Arkham data, at 22:08, 100.24 WBTC (worth approximately 7.16 million USD) were transferred from pinosaur.eth to an exchange.