Asset manager Franklin Templeton filed with the SEC for two new exchange-traded funds that would hold baskets of U.S. stocks and automatically reinvest dividends into Bitcoin, tracking new VettaFi 'Bitcoin DRIP' indices.
Tokenization platform Midas secured $50 million in Series A funding to scale its institutional asset infrastructure. The company holds regulatory approval in Liechtenstein under the DLT framework enabling EU-wide passporting.
Global asset manager Franklin Templeton announced the acquisition of CoinFund spinoff 250 Digital to create Franklin Crypto, a dedicated institutional crypto investment management arm targeting pensions and sovereign wealth funds.
Franklin Templeton, managing $1.7 trillion in assets, partnered with Ondo Finance to tokenize five equity and gold ETFs, enabling round-the-clock trading through digital wallets. The move represents a major institutional push to bring traditional securities on-chain for crypto-native investors.
