Franklin Templeton has transitioned from the Stellar blockchain to the Canton Network for its tokenization operations. The asset management firm was among the first major traditional finance players to adopt blockchain technology for its tokenized funds. The investment giant has secured several billion dollars in assets on-chain, notably through its Franklin OnChain U.S. Government Money Fund. This migration to Canton reflects the continuous evolution of blockchain infrastructure used by financial institutions. The move illustrates how asset managers evaluate and update their technological choices to meet regulatory and operational requirements.
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