Franklin Templeton to Shift $1.7 Trillion via Stellar (XLM) Network

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Franklin Templeton, a prominent global investment management firm, recently announced its plan to shift $1.7 trillion of its assets via blockchain technology, specifically utilizing the Stellar (XLM) network.

The announcement was made in a video by crypto enthusiast Tomaki_x on X. In the video, Franklin Templeton’s representative explained the rationale behind adopting Stellar for asset transfers.

The firm anticipates that this strategic move will yield substantial cost savings and operational efficiencies.