Clients have pulled about $55 billion from Wamco, as the division is known, since mid-August, representing about 15% of its ...
The asset manager recently reported its steepest quarterly outflows on record. One of the issues: Clients have pulled about $55 billion from its Wamco division since mid-August amid investigations ...
The world’s first tokenized money market fund is now on the Ethereum (ETH) layer smart contract platform. In a post on social ...
Franklin Templeton's OnChain U.S. Government Money Market Fund can now be traded on Ethereum. The fund is already available ...
Wall Street titan Franklin Templeton has launched its tokenized money market product FOBXX on Ethereum, following several ...
The investment firm plans to move $1.7T in assets to blockchain. Franklin Templeton trusts the decision will reduce costs and ...
Treasury 10-year yields may climb to 5% or higher as the US government boosts its debt supply to fund a multi-trillion dollar ...
Franklin Templeton has launched its On-Chain U.S. Government Money Fund (FOBXX) on Ethereum, allowing investors to buy shares ...
Investment manager Franklin Resources , better known as Franklin Templeton, swung to a fourth-quarter loss on Monday as a $389.2 million impairment charge related to its Western Asset Management unit ...
Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money ...
Tokenized funds are potentially the next big thing in traditional finance, as financial institutions, as UBS, J.P.Morgan or ...
The market's debate over how much easing the Fed will enact over the next year has sent the 10-year Treasury yield ( ^TNX) ...