2 Big news for đș#Avalanche Ecosystem!đș
Grayscale just launched the Grayscale Avalanche Trust, offering accredited investors direct exposure to Avalancheâs native token, $AVAX.
This trust highlights Avalancheâs key role in RWA tokenization and adds to Grayscaleâs growing portfolio, which already includes $BTC, $ETH, and $SOL.
With recent expansions into $TAO, $SUI, and more, Grayscale is pushing the boundaries of crypto investing.
In addition to this:
đFranklin Templeton is bringing its OnChain U.S. Government Money Fund (FOBXX) to the network, a huge boost for Avalancheâs credibility in the financial world.
The BENJI token, representing shares in this $420M fund, will now be available on Avalanche, enhancing liquidity and accessibility for investors. This move highlights Avalancheâs strengthsâspeed, security, and scalabilityâand positions it as a serious platform for institutional finance.
Franklin Templetonâs presence will likely drive innovation and attract more projects, solidifying Avalancheâs role in bridging traditional finance with blockchain. đ
If youâre into DeFi and blockchain, keep an eye on Avalanche!