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This post was originally published on this site. Franklin Templeton has restructured two of its institutional money market funds, marking a new step toward integrating traditional finance with blockchain-based infrastructure. The company modified the Western Asset Institutional Treasury Obligations Fund (LUIXX) and the Western Asset Institutional Treasury Reserves Fund (DIGXX),…

This post was originally published on this site.

This post was originally published on this site. Martinns/GettyImages; Illustration by Hunter Newton/Bankrate A money market account is a type of savings deposit account that tends to offer check-writing privileges and a debit card for ATM access to your savings. Typically, savings accounts usually don’t let you write checks from…

This post was originally published on this site.

This post was originally published on this site.

This post was originally published on this site. Franklin Templeton is expanding its push into blockchain-enabled finance, updating two Western Asset institutional money market funds to integrate more seamlessly with the fast-growing market for tokenized financial products.  The changes position the funds to support regulated stablecoin reserves under U.S. law…

This post was originally published on this site.

This post was originally published on this site. The asset manager has updated two Western Asset money market funds to support stablecoin reserves and blockchain-based distribution. Asset management giant Franklin Templeton, which manages $1.6 trillion in assets, on Tuesday, Jan. 13, updated two institutional money market funds to make them…

This post was originally published on this site. Franklin Templeton has amended two Western Asset institutional money market funds (MMFs) to plug directly into the emerging US stablecoin regime and tokenized cash infrastructure rather than launching new crypto native products. According to a release shared with Cointelegraph, Franklin Templeton is…