US investment giant Franklin Templeton was responsible for making such a splash. The management company decided to include Aptos (APT) in its OnChain U.S. Government Money Market Fund (FOBXX) project. Aptos (APT) includes Arbitrum, Stellar, Polygon and Avalanche and will be the technology backbone of the fund.
With a market capitalization of $435 million, the fund is the second largest product in the tokenized fund segment available to retail investors.
Flare (FLR) and Fasttoken (FTN) are the other two assets in the top 100.
In addition to Franklin Templeton's move, the optimism of #APT investors is fueled by the acquisition of #cryptocurrency wallet developer Hashpallet by #Aptos (APT). Other #cryptocurrencies are falling today amid tensions in the Middle East and macroeconomic uncertainty in the U. S. and China.
Bitcoin (BTC), the largest cryptocurrency, fell today by 2.4%, and Ethereum (ETH) - by 5.7%.
In the last 24 hours, there were recorded liquidations of cryptocurrencies totaling $ 287 million, $ 241 million of which came from long positions.
Read us at: Compass Investments
