Franklin Templeton Brings Stellar Tokenized U.S. Treasury Fund to European Investors

Franklin Templeton has introduced the first fully tokenized U.S. Treasury fund registered in Luxembourg, making it accessible for institutional investors in Austria, France, Germany, Italy, Liechtenstein, the Netherlands, Spain, and Switzerland. This initiative is part of the company’s strategy to leverage blockchain technology, specifically the Stellar Lumens network, to enhance the fund’s transaction efficiency, transparency, and security. Following its successful U.S. market launch that amassed $580 million since 2021, the fund exemplifies Franklin Templeton’s leadership in the rapidly growing $4 billion real-world asset tokenization sector. As the first traditional financial entity to release such a product, Franklin Templeton’s fund is only behind BlackRock and Securitize in market size. The tokenization technology used transforms the fund’s shares into digital tokens on the blockchain, allowing frictionless transfer and management. This positions Stellar as a key player in enabling secure and efficient financial transactions for major financial products.