positive
Recently
Franklin Templeton expands Canton Network integrating traditional finance with blockchain rails
Franklin Templeton joined new partners on Canton Network to link $380 million tokenized funds with bank and custodian infrastructure for faster institutional settlement.
Franklin Templeton extended its blockchain operations through the Canton Network, a permissioned DLT platform designed to connect regulated institutions with on-chain settlement infrastructure. The expansion links the firm’s tokenized U.S. money market fund to partner banks and custodians, enabling real-time asset transfer. Canton Network participants include Deloitte, Capgemini, and Goldman Sachs Digital Asset Group.
Franklin’s on-chain fund now manages over $380 million in tokenized assets. The company said the initiative supports interoperability between traditional and digital systems, enhancing transparency, settlement speed, and operational efficiency in institutional finance.