Just came across this: Animoca Brands and Franklin Templeton have announced a partnership to bring institutional-grade tokenized RWAs to NUVA, a treasury marketplace incubated by Animoca.
Franklin Templeton has around $1.83 trillion in AUM. NUVA has mainly supported assets on the Provenance blockchain (with TVL of over approximately $30 billion at the end of September), so this partnership effectively opens the door to a broader range of issuers. The two sides also said they would jointly explore the tokenization of cultural assets and publish a four-part research series.
The specific new assets and timeline haven’t been finalized yet, but having a traditional asset management giant step in to handle distribution is a meaningful move. #RWA
Franklin Templeton has around $1.83 trillion in AUM. NUVA has mainly supported assets on the Provenance blockchain (with TVL of over approximately $30 billion at the end of September), so this partnership effectively opens the door to a broader range of issuers. The two sides also said they would jointly explore the tokenization of cultural assets and publish a four-part research series.
The specific new assets and timeline haven’t been finalized yet, but having a traditional asset management giant step in to handle distribution is a meaningful move. #RWA