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Franklin Templeton Expands $410M Money Market Fund to Ethereum Blockchain

Ooda Loop

Government Money Market Fund (FOBXX) to the second largest blockchain by market cap, Ethereum (ETH). The asset manager has added a series of new blockchains to support the fund this year, including, most recently, Coinbase’s Base, Aptos, and Avalanche.

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Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed

TechCrunch

Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia.

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6 tips for launching a blockchain startup

TechCrunch

These days, a blockchain startup founder should expect to navigate challenging waters. Even in the best of times, founders must both prepare for a bull market and be ready for possibly bearish territory. Having a solid roadmap, real-world use cases and a war chest are only a small part of a blockchain startup’s survival strategy.

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Swift, UBS, Chainlink Successfully Test Blockchain in $63T Fund Market

Ooda Loop

By leveraging blockchain technology, the trio successfully piloted a solution streamlining tokenized fund subscriptions and redemptions. This innovation, built on the backbone of the Swift network, promises to revolutionize the $63 trillion global mutual fund market.

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The US is losing crypto talent as blockchain devs seek safer havens

TechCrunch

But it seems now the United States is the one seeing talent fleeing to other parts of the world, at least as far as blockchain developers are concerned. The number of blockchain developers in the U.S. share of blockchain developers has fallen 2% per year in the last five years, dropping to 29% last year from 40% in 2017.

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Ticketmaster sucks. Can blockchain be the cure?

TechCrunch

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. Can blockchain be the cure? It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. ” Regulators in many countries beg to disagree. Earlier this year, the U.S. Ticketmaster sucks.

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The Blockchain battlefront: Technology, business, and regulation

CIO

The great regulatory bureaucracy has awakened to the significance of blockchain-enabled technology, led by the SEC. . The new engine of innovation that the crypto markets looks a lot like the corporate stock shares we are familiar with, except with fewer intermediaries and less (you guessed it) regulation. Something else?