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news-imageApril 26, 2024

Franklin Templeton Tokenizes $380M US Government Money Fund on Polygon and Stellar

TL;DR Franklin Templeton tokenizes his $380 million fund on the Polygon and Stellar blockchains for peer-to-peer transfers. Franklin OnChain FOBXX investors can transfer the BENJI token directly to each other without intermediaries. Franklin Templeton competes with BlackRock's BUIDL fund in the tokenized asset niche, maintaining a 32% market share.
Publisher: Crypto Economy
Sentiment: Positive
POL
XLM

More News Articles

Positive
cover-imageCrypto Economy
April 23, 2025

Polygon and Pyse Electrify Dubai, Eye India's EV Boom

TL;DR Polygon and Pyse launch a model that tokenizes electric delivery motorcycles and monetizes their environmental and urban data on blockchain. The system rewards users with tokens based on the value of the data generated, which is later commercialized for logistics and insurance.

Positive
cover-imageThe Cryptonomist
April 23, 2025

Polygon surpasses Ethereum: the new era of NFTs linked to real-world assets

In recent months, the world of NFTs has witnessed a significant evolution. If in the past the focus was mainly on digital art, today the focus is shifting towards tangible assets, and at the forefront of this transformation is Polygon, which has recently surpassed Ethereum in terms of weekly sales. According to the data from CryptoSlam updated as of April 22, NFTs on Polygon generated 22.1 million dollars in weekly sales, recording an increase of 17.64% compared to the previous week. In comparison, Ethereum stopped at 21.8 million, while Mythos Chain and Bitcoin totaled 14.3 million and 14.1 million respectively. This jump led Polygon to hold 24% of the global NFT transaction volume, out of a weekly total of 92.9 million dollars.

Positive
cover-imageCryptonews
April 22, 2025

Polygon NFTs Overtake Ethereum with $22M Weekly Sales as Real World Asset Demand Surges

Polygon NFTs have generated $22.1 m in weekly volume, passing Ethereum and Bitcoin and attracting nearly 59 % more buyers. Courtyard's tokenized Pokémon and baseball cards illustrate how insured vault custody and burn‑to‑redeem options have strengthened confidence in hybrid real‑world‑asset models. The post Polygon NFTs Overtake Ethereum with $22M Weekly Sales as Real World Asset Demand Surges appeared first on Cryptonews.

Positive
cover-imageUToday
April 18, 2025

XLM Takes Lead: Stellar Outperforms XRP in Green Run

Stellar (XLM) is making quiet but significant moves on the crypto market, pulling ahead of rival XRP in the latest 24-hour trading session. According to CoinMarketCap data, XLM is up 3.32% in the last 24 hours to $0.243, remaining in the green while XRP traded in the red, down 1.43% in that time frame to $2.07.

Positive
cover-imageCointelegraph
April 17, 2025

Polygon's Nailwal: Jio partnership to drive real-world Web3 adoption for 450M users

As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without compromising on decentralization.Polygon is working with Jio, a telecom giant owned by India's richest man, Mukesh Ambani, to find ways to infuse blockchain technology into its existing services. The duo is currently adding blockchain-based capabilities to the JioSphere web browser, which would have been expensive, cumbersome and time-consuming via traditional methods.

Positive
cover-imageCoindesk
April 15, 2025

Polygon Labs' Marc Boiron on Unifying Blockchains

Marc Boiron, CEO of Polygon Labs, speaks with a practiced clarity that reflects his background as a lawyer. Over the course of our conversation, he outlines Polygon's strategy to position itself as the connective tissue in an increasingly crowded blockchain ecosystem.

Negative
cover-imageTokenpost
April 9, 2025

Stellar (XLM) Nears Death Cross as Bearish Momentum Builds

Stellar (XLM) has dropped 1.83% in the past 24 hours, now trading at $0.22, deepening its bearish trend. The cryptocurrency is edging closer to forming a death cross a technical indicator that signals potential long-term weakness when the 50-day moving average (MA) drops below the 200-day MA.

Negative
cover-imageCoinPedia
April 9, 2025

XLM Price Prediction For April 9

After a 6% price decline, XLM, the native token of Stellar, has begun heading toward its next support level. As of today, April 9, 2025, the market appears to be continuing its downward trend, as the tariff war between the United States and other countries shows no sign of ending soon.

Negative
cover-imageUToday
April 9, 2025

Stellar (XLM) On Verge of Death Cross, Shiba Inu (SHIB) Has To Surge Now: Here Why, Bitcoin (BTC) Winning Fight For $80,000

After a daily loss of 1.83% Stellar's price is currently at $0.22, aggravating the bearish state of the asset. As a result of the overall decline in the market, XLM is now in danger of a death cross, a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average.

Neutral
cover-imageCointelegraph
April 8, 2025

Gaming NFT maker Aavegotchi votes to ditch Polygon for Base

Aavegotchi, a non-fungible token (NFT) protocol focused on Web3 gaming, has opted to abandon blockchain network Polygon and “go all-in” on Base, an Ethereum layer-2 scaling chain, according to the results of an onchain vote. On April 8, Aavegotchi's community members voted 93.5% in favor of a proposal to “Make Aavegotchi Based Again” by deprecating the protocol's smart contracts on Polygon and re-deploying on Base, according to Aavegochti's governance page.

Positive
cover-imageUToday
April 8, 2025

XLM Beats XRP, But Not in Price: Details

Stellar is stealthily taking centerstage on the blockchain activity front while XRP continues to struggle with price volatility and major technical breakdowns. Despite a stagnant and declining price performance, recent data indicates that XLM is experiencing a notable uptick in on-chain operations, outpacing XRP in terms of sheer transaction volume.

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