Franklin Templeton plans to launch a money market fund on the Solana blockchain

ChainCatcher news, at the Solana Breakpoint conference, Franklin Templeton announced plans to launch a money market fund on Solana. Mike Reed from Franklin Templeton introduced Solana's technology at the Solana Breakpoint summit, including its high speed, low cost, modern architectural innovations (such as token scaling and development tools), and its community, explaining why they chose to build on Solana.

Once launched, Franklin Templeton will become the first asset management company to issue securities on Solana based on a publicly registered statement with the U.S. Securities and Exchange Commission.