DBS, Franklin Templeton, Ripple Launch Tokenised Fund Trading Solutions
https://asianbankingandfinance.net/news/dbs-franklin-templeton-ripple-launch-tokenised-fund-trading-solutions
DBS, Franklin Templeton, Ripple Launch Tokenised Fund Trading Solutions
https://asianbankingandfinance.net/news/dbs-franklin-templeton-ripple-launch-tokenised-fund-trading-solutions
2 Kommentare
Add another company to the list of Ripple partnerships. It’s not a small amount of companies and banks that work with Ripple while the crypto world hates them.
tldr; DBS has partnered with Franklin Templeton and Ripple to launch tokenised fund trading solutions using blockchain technology. DBS Digital Exchange (DDEx) will list Franklin Templeton’s sgBENJI token, a tokenised money market fund, alongside Ripple’s USD stablecoin (RLUSD). Eligible DBS clients can trade RLUSD for sgBENJI tokens, allowing 24/7 portfolio rebalancing. Franklin Templeton will tokenize sgBENJI on the XRP Ledger, leveraging its enterprise-grade blockchain capabilities.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.