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Day: August 8, 2024

Franklin Templeton Brings Tokenized Money Market Fund to Arbitrum

cryptocurrency August 8, 2024

Asset management mogul Franklin Templeton has collaborated with Arbitrum Foundation to launch its Franklin OnChain US Government Money Fund (FOBXX). Advertisements The collaboration signifies growing institutional interest in further integrating traditional finance (TradFi) into decentralized finance (DeFi). Franklin Templeton Expands DeFi Push with Arbitrum Tokenized Fund The launch, announced on August 8, allows investors to […]

Aave DAO, Trident Launch First $100 Million Fixed-Yield Loan

cryptocurrency August 8, 2024

Aave DAO, Trident Digital, TokenLogic, and on-chain aggregator IntoTheBlock joined hands for the first $100 million fixed yield loan launch. Advertisements The fixed-yield loan locks 33,000 Ethereum (ETH) for three months, supported by a non-custodial smart contract from IntoTheBlock’s institutional DeFi solutions. Lenders receive aETH tokens as collateral, guaranteeing a yield that doubles the returns […]

Ethereum: Is NOW the best time to buy? These whale movements say…

cryptocurrency August 8, 2024

BlackRock bought ETH worth $109.9 million, spurred by the latest price decline. Slight accumulation observed, especially from whales, but retail is still fearful. With the latest discounted Ethereum [ETH] prices, one would expect buyers to ape back into the market. Advertisements Unless there were expectations of more sell side pressure in the coming days. ETFs […]

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