May 14, 2024
Funds

ETFs and mutual funds are all going to be on blockchain, says Franklin Templeton CEO – Ledger Insights

Jenny Johnson, President and CEO, Franklin Templeton has long been a blockchain fan. “Eventually I think ETFs and mutual funds are all going to be on blockchain,” she told Bloomberg TV last week. The asset manager issued a money market fund on blockchain, which was the largest blockchain-based treasury fund until last week. The Franklin Onchain US Government Money fund has a market capitalization

Read More
Mortgage

Figure rolls out blockchain mortgage registry system to lending partners – Ledger Insights

Two years ago, we wrote about Figure Lending using the Provenance blockchain to log the current ownership of a mortgage in its Digital Asset Registration Technologies (DART) solution in conjunction with asset manager Apollo. Now, DART is rolling out to lending partners. Stepping back, Figure is a multifaceted company. Figure Technology Services founded the Provenance blockchain and its subsidiary

Read More
Funds

BlackRock’s digital fund attracts $245m from 7 investors in a week – Ledger Insights

A week ago BlackRock unveiled its BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a money market fund that aims to offer a stable $1 value. One week on, BUIDL has attracted $245 million in assets from seven investors. Ondo Finance, which previously tokenized BlackRock ETF funds, has shifted $95 million into the BUIDL fund and makes up

Read More