Franklin Templeton, Citi To Adopt Solana For New Services

Quick Summary:

Trillion-dollar asset manager Franklin Templeton has revealed plans to adopt the Solana network for its on-chain mutual fund.

Another Wall Street giant, Citibank, is also exploring using Solana to process transfers and other smart contract services.

These developments are undoubtedly positive for the Solana ecosystem, which boasts bullish fundamentals following recent announcements.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: IndiaCuba

Topics: Blockchain News Mutual Funds Solana blockchain 24/7 Cryptocurrency News Franklin Templeton

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 11:31:11 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22621676

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 9 hours ago

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