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#avalanche

2 stories
Franklin Templeton Migrates $1.2B Tokenized Money Market Fund to Avalanche Subnet
STOApr 9

Franklin Templeton Migrates $1.2B Tokenized Money Market Fund to Avalanche Subnet

The BENJI share class will settle on a permissioned Avalanche subnet beginning May 1. Franklin says the move cuts operational costs by an estimated 38 basis points annually.

KKR's First Tokenized Private Equity Fund Closes $1.1B in Subscriptions
STOMar 21

KKR's First Tokenized Private Equity Fund Closes $1.1B in Subscriptions

The fund, structured as a regulated security token on Avalanche, pulled in demand from family offices and wealth platforms that previously had no access to the asset class.