Asset Giant Franklin Templeton Shines a Light on Bitcoin Ordinals

Recently, Franklin Templeton, a celebrated asset management firm with a rich history spanning over 70 years, unveiled its latest insights—’The Rise of Bitcoin Ordinals’.

Through this publication, the firm’s digital assets division casts a spotlight on the significant role played by the Bitcoin Ordinals protocol in igniting renewed activity and innovation within the Bitcoin ecosystem.

Over the past year, a wave of innovation has revitalized the Bitcoin landscape, marked by the introduction of new fungible token standards such as BRC-20 and Runes, alongside advancements in Bitcoin-based Layer-2 networks and DeFi primitives.

Franklin Templeton identifies the Bitcoin Ordinals protocol as a pivotal force behind this surge of innovation in its analysis, highlighting its crucial impact on the dynamic digital asset space.

Source: X (Franklin Templeton Digital Assets)

Franklin Templeton’s Blockchain Embrace

Additionally venturing into the blockchain-centric universe, Franklin Templeton has been enticing investors to explore the eclectic world of memecoins. On March 14, it unveiled a detailed memo that delved into the meme-fueled frenzy.

Earlier in the year, another bold step by Franklin Templeton positioned it at the forefront of crypto financial products through the launch of a spot Bitcoin ETF in the United States.

Expanding its crypto ETF portfolio further, Franklin Templeton set its sights on Ether. On February 12, the digital asset powerhouse lodged an S-1 filing with the U.S. Securities and Exchange Commission.

Ready to spearhead the introduction of a spot Ether ETF, this initiative marks yet another chapter in the company’s adventurous foray into the burgeoning realm of blockchain-based investments.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post Asset Giant Franklin Templeton Shines a Light on Bitcoin Ordinals appeared first on NFT Plazas.

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Asset Giant Franklin Templeton Shines a Light on Bitcoin Ordinals

Franklin Templeton’s Blockchain Embrace

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