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Franklin is a crypto payroll company with a mission to create financial tools for Web3 companies. Franklin enables teams to be paid in USD, crypto, or a combination of both.
Crypto liquidation platform Glacis Labs closes $6.8 million seed round, led by Lightspeed Faction.
According to The Block, crypto liquidation platform Glacis Labs announced the completion of a $6.8 million seed funding round led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures. The financing was completed in the form of equity with token warrants.
Cambrian announced the completion of a $6 million seed funding round, co-led by Franklin Templeton and Polychain Capital.
According to The Block, Cambrian, a blockchain data infrastructure startup, has announced the completion of a $6 million seed funding round co-led by Franklin Templeton and Polychain Capital. Flow Traders, Selini Capital, Paper Ventures, and Nomad Capital also participated. Angel investors include Jason Mo, Avi Felman, and Alex Lee and Willy Chuang, co-founders of TrueNorth. This round was structured as a SAFE with token warrants, and Franklin Templeton and Polychain Capital have secured board observer seats. With this round, Cambrian’s total funding raised reaches $11.9 million, including its previously announced $5.9 million pre-seed round led by a16z CSX.
Blockchain data infrastructure company Cambrian raises $6 million in seed funding, co-led by Franklin Templeton and Polychain
Odaily reports: Blockchain data infrastructure startup Cambrian has secured $6 million in seed funding, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others.As previously reported by Odaily, Cambrian also received a $5.9 million pre-seed investment led by the a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million.Founded in 2024, Cambrian currently offers APIs for institutions and AI agents, providing real-time and historical on-chain data covering yield, risk, lending rates, trading activity, liquidity positions, and market sentiment, helping users allocate capital on-chain. The company plans to expand its existing APIs into a verifiable blockchain data oracle network, serving institutional financial clients, AI agent builders, and protocols that require reliable data to control capital flows. Unlike traditional oracles that primarily provide price data, Cambrian aims to aggregate data from lending protocols, DEX liquidity, social sentiment, developer activity, and historical market data.According to Cambrian, its platform has processed millions of API calls, currently indexes approximately $4.5 billion in TVL across four major lending protocols, tracks 1,789 vaults managed by 895 curators, and monitors over 320,000 DEX liquidity pools on Base and Solana. The company also plans to expand trading data support by integrating Hyperliquid and richer perpetual contract data.
VanEck Tokenized Treasury Fund Integrates Euler, DeFi Platforms Accelerate Embrace of Wall Street Institutional Capital
: VanEck's tokenized U.S. Treasury fund, VBILL, has officially launched on the DeFi lending protocol Euler. The fund is issued and tokenized by Securitize. Investors can now use tokenized Treasury bonds as collateral for on-chain lending and liquidity operations, while meeting compliance restrictions.This move reflects that DeFi protocols are accelerating their transition towards institutionalization and compliance to attract traditional financial capital into the on-chain market. Data shows that the market size of tokenized U.S. Treasury bonds has surpassed $15 billion, growing approximately 150% over the past year. Traditional asset management giants such as BlackRock, Franklin Templeton, and Janus Henderson have all launched on-chain treasury or money market products.Euler has previously integrated Securitize's DS Protocol to support the inclusion of tokenized securities with investor qualification restrictions and transfer rules into its lending market. DeFi protocols like Aave are also expanding into institutional-grade RWA businesses.Institutions estimate that the market size for asset tokenization could reach $18.9 trillion by 2033. A Securitize executive stated that as traditional financial institutions enter the crypto space, DeFi protocols must find a balance between openness and compliance requirements. (CoinDesk)
ZeroHash, a cryptocurrency infrastructure company, is seeking new funding at a valuation of over $1.5 billion.
According to CoinDesk, crypto infrastructure firm Zerohash is seeking new funding at a valuation exceeding $1.5 billion. This comes after Mastercard abandoned its investment plans for Zerohash following its $1.8 billion acquisition of UK-based stablecoin infrastructure company BVNK. Founded in 2017, Zerohash provides APIs and embedded development tools to financial institutions and fintech companies, enabling support for cryptocurrencies, stablecoins, and tokenized products. The company now serves over 5 million users across 190 countries, with clients including Morgan Stanley, Stripe, Interactive Brokers, BlackRock’s BUIDL Fund, and Franklin Templeton. In September 2025, Zerohash closed its $104 million Series D-2 round, valuing the company at $1 billion at that time.
Franklin Templeton and Kraken to Develop On-Chain Investment Products
Franklin Templeton, the parent company of Kraken and a global asset management giant, has announced a collaboration with Kraken to develop on-chain investment products and advance the tokenization of traditional financial assets. The two parties will combine Franklin Templeton's experience in asset tokenization and compliant fund issuance with Kraken's trading, custody, and global user infrastructure, focusing on launching compliant products such as tokenized funds and on-chain wealth management. This initiative aims to bridge the connection between traditional finance and the crypto market. (Coindesk)
Franklin Templeton Receives First US Regulatory Approval to Include Tokenized Assets in Traditional Funds
According to Bloomberg, Franklin Templeton announced plans to introduce tokenized assets into traditional investment funds, stating that it has obtained the first U.S. regulatory approval permitting digital-native products for use in traditional funds. According to a letter published by the U.S. Securities and Exchange Commission (SEC), the company plans to embed its tokenized money market fund as holdings or collateral within ETFs and mutual fund products.
Franklin Templeton Becomes Canton Network Super Validator, Further Expanding Into Institutional-Grade Blockchain Infrastructure
Franklin Templeton Digital Assets stated that traditional finance and decentralized finance are converging at an accelerating pace, and institutions should not only use blockchain but also participate in its infrastructure operations. To deepen its investment in the blockchain infrastructure sector, Franklin Templeton has become a super validator of the Canton Network. The institution stated that this move will help enhance transaction security and compliance, and lay the foundation for future institutional capital on-chain.
Asset manager Franklin Templeton, with $1.79 trillion in assets under management, supports the CLARITY Act
Asset management firm Franklin Templeton announced its support for the CLARITY Act on July 27. Franklin Resources had previously disclosed that as of June 30, its assets under management totaled $1.79 trillion, up from $1.78 trillion a month earlier. Franklin Templeton stated that the CLARITY Act would establish clearer rules for digital assets, help investors understand the protections available, and increase corporate certainty regarding the division of federal regulatory responsibilities. BlackRock, Fidelity Investments, Goldman Sachs, and Charles Schwab have previously publicly supported this market structure bill. Senate Republicans released an updated version on July 22, proposing to divide the regulatory oversight of digital assets between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Avalanche Launches Payment Ecosystem Alliance, with 28 Organizations Already Onboard
Avalanche announced the launch of the Avalanche Payments Collective, with 28 organizations already joining the coalition to build payment infrastructure on the Avalanche network. The coalition aims to integrate multiple domains, including settlement, stablecoins, capital infrastructure, foreign exchange, asset management, compliance, and global payments. Members include Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, Ethena, and the Wyoming Stablecoin Committee.
VanEck Tokenized Treasury Fund Integrates Euler, DeFi Platforms Accelerate Embrace of Wall Street Institutional Capital
: VanEck's tokenized U.S. Treasury fund, VBILL, has officially launched on the DeFi lending protocol Euler. The fund is issued and tokenized by Securitize. Investors can now use tokenized Treasury bonds as collateral for on-chain lending and liquidity operations, while meeting compliance restrictions.This move reflects that DeFi protocols are accelerating their transition towards institutionalization and compliance to attract traditional financial capital into the on-chain market. Data shows that the market size of tokenized U.S. Treasury bonds has surpassed $15 billion, growing approximately 150% over the past year. Traditional asset management giants such as BlackRock, Franklin Templeton, and Janus Henderson have all launched on-chain treasury or money market products.Euler has previously integrated Securitize's DS Protocol to support the inclusion of tokenized securities with investor qualification restrictions and transfer rules into its lending market. DeFi protocols like Aave are also expanding into institutional-grade RWA businesses.Institutions estimate that the market size for asset tokenization could reach $18.9 trillion by 2033. A Securitize executive stated that as traditional financial institutions enter the crypto space, DeFi protocols must find a balance between openness and compliance requirements. (CoinDesk)
MoonPay Launches New Platform MoonPay Trade to Expand Tokenized Assets and DeFi Market
MoonPay has announced the launch of a new platform, MoonPay Trade, designed for banks, fintech companies, and enterprise clients. It provides unified access to tokenized assets, decentralized finance (DeFi) protocols, and stablecoin liquidity across over 200 blockchain networks.The platform is powered by Decent.xyz, a cross-chain routing infrastructure company recently acquired by MoonPay for a reported "high eight-figure USD amount." MoonPay stated that this product will serve as the core execution layer for its institutional business, MoonPay Institutional, which is led by former Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Caroline Pham.MoonPay Trade will support subscriptions for tokenized funds, collateral transfers, and integrations with DeFi protocols such as Aave, Morpho, and Maple Finance, enabling institutions to conduct lending and yield generation operations directly on-chain.Industry data shows that the current scale of tokenized real-world assets (RWA) has exceeded $33 billion, growing threefold within a year. Traditional financial institutions, including BlackRock, Franklin Templeton, and JPMorgan, have successively launched tokenized fund products, accelerating the influx of institutional capital into on-chain finance.MoonPay stated that as institutions continue to advance their tokenized asset strategies, its goal is to provide traditional financial institutions with the infrastructure capabilities for compliant access to on-chain markets through a unified interface. (CoinDesk)
Yesterday, US Ethereum spot ETFs recorded a net outflow of $24.29 million.
According to data from Trader T, U.S. spot Ethereum ETFs recorded a total net outflow of $24.29 million on September 8. Among them, Fidelity FETH saw a net inflow of $9.89 million; Grayscale ETHE had a net outflow of $9.57 million, and Grayscale Mini Ethereum ETF registered a net outflow of $24.61 million. BlackRock ETHA, Bitwise ETHW, 21Shares TETH, Invesco QETH, Franklin EZET, VanEck ETHV, BlackRock Staked Ether ETF ETHB, and Morgan Stanley MSSE all recorded zero fund flows on the day.
昨日美国以太坊现货 ETF 净流出 4807 万美元
据 Trader T 监测，9 月 2 日美国以太坊现货 ETF 总净流出 4807 万美元。其中，贝莱德 ETHA 净流出 5335 万美元，富达 FETH 净流出 2617 万美元，灰度 ETHE 净流出 2349 万美元；贝莱德质押以太坊 ETF ETHB 净流入 5291 万美元，21Shares TETH 净流入 203 万美元。Bitwise ETHW、Invesco QETH、Franklin EZET、VanEck ETHV、灰度迷你以太坊 ETH 及摩根士丹利 MSSE 当日净流入均为 0。
US Bitcoin spot ETFs recorded net inflows of $101 million yesterday.
As tracked by Trader T, US Bitcoin spot ETFs recorded total net inflows of $101.15 million on September 2. Among them, BlackRock IBIT saw net inflows of $115.45 million, Bitwise BITB recorded net inflows of $4.19 million, and Morgan Stanley MSBT had net inflows of $7.30 million; Grayscale GBTC experienced net outflows of $56.21 million. Fidelity FBTC, ARK ARKB, Invesco BTCO, Franklin EZBC, Valkyrie BRRR, VanEck HODL, and WisdomTree BTCW all posted zero net inflows for the day.
Yesterday, Ethereum spot ETF net inflow reached $192.36 million.
据 Trader T（@thepfund）披露的数据，昨日以太坊现货 ETF 净流入 1.9236 亿美元，较 8 月 25 日的 1.798 亿美元继续增加。 其中，贝莱德 ETHA 单日净流入 1.1566 亿美元居首；灰度迷你以太坊 ETF（ETH）净流入 3467 万美元，富达 FETH 净流入 3201 万美元。此外，21Shares TETH、Franklin EZET 及贝莱德质押以太坊 ETF ETHB 分别流入 271 万、94 万和 637 万美元；其余披露产品当日资金流为零。
Ethereum spot ETF net inflow reached $185 million yesterday.
According to data from Trader T (@thepfund), Ethereum spot ETFs recorded a net inflow of $185 million yesterday, led by BlackRock $ETHA with $150.8 million. Grayscale Mini $ETH saw an inflow of $11.51 million, BlackRock Staked $ETHB brought in $9.98 million, Fidelity $FETH attracted $9.62 million, Bitwise $ETHW received $2.24 million, and Morgan Stanley $MSSE posted $0.78 million in inflows. Meanwhile, 21Shares $TETH, Invesco $QETH, Franklin $EZET, VanEck $ETHV, and Grayscale $ETHE registered zero net flows for the day.
Yesterday, Bitcoin spot ETFs recorded a net inflow of $307.5 million.
According to data from Trader T (@thepfund), Bitcoin spot ETF net inflows reached $307.5 million yesterday, with BlackRock's $IBIT leading at $239.3 million. Fidelity's $FBTC saw $30.19 million in inflows, Grayscale Mini's $BTC $13.62 million, Morgan Stanley's $MSBT $7.73 million, Bitwise's $BITB $9.21 million, Ark's $ARKB $3.07 million, and VanEck's $HODL $4.36 million. Invesco's $BTCO, Franklin's $EZBC, Valkyrie's $BRRR, WisdomTree's $BTCW, and Grayscale's $GBTC all recorded zero net flows on the day.
Franklin Templeton: Institutional capital is driving the convergence of TradFi and DeFi
According to a video released by Franklin Templeton Digital Assets, its Chief Investment Officer for Crypto Seth Ginns stated that institutional investors are focusing on the convergence trend between traditional finance (TradFi) and decentralized finance (DeFi).
Franklin Templeton Partners with HashKey to Launch Tokenized Money Market Fund in Asia
According to The Block, Franklin Templeton has partnered with HashKey Exchange in Hong Kong to launch the Franklin OnChain U.S. Government Liquidity Fund on its Earn channel, offering tokenized money market fund products to professional investors across Asia. The fund primarily invests in U.S. government money market instruments and USD cash assets, and is not currently available to the retail public in Hong Kong. Franklin Templeton stated that both parties plan to expand their cooperation from tokenized money market funds to more tokenized products in the future, leveraging HashKey’s multi-jurisdictional platforms covering Hong Kong, Singapore, Tokyo, Dubai, and Bermuda to drive distribution. Previously, the firm launched Hong Kong's first tokenized money market fund in November 2025. Data shows that as of August 23, the global tokenized RWA asset market reached $38.2 billion, with tokenized U.S. Treasuries accounting for approximately $15.6 billion.
RWA DeFi Deposits Surpass $3.98 Billion, 6x Growth in One Year
According to Cryptopolitan, data from the on-chain data platform DefiLlama shows that as of August 18, the active deposit size of Real World Assets (RWA) in DeFi protocols has reached $3.98 billion, representing an approximately 6-fold increase compared to $651 million a year ago; three years ago, this figure was only $12 million. The current total issuance of tokenized RWA is $34.55 billion, but the actual on-chain utilization rate is only about 11.5%. Of this, private credit accounts for over half of the active total with $2.13 billion, bonds contribute $799 million, and reinsurance contributes $406 million. In contrast, the utilization rate of tokenized treasury bonds is extremely low—BlackRock BUIDL issuance reaches $2.74 billion, but on-chain deployment is only $18 million, with a utilization rate of only 0.66%; Franklin Templeton BENJI utilization rate is zero. Analysis points out that such products are designed specifically for institutional cash management, where holders pursue treasury yields rather than lending capabilities; tokenization only improves settlement efficiency and does not convert them into collateral.
Registered funds can use on-chain money market fund FOBXX to manage cash; SEC Division of Investment Management issues no-action letter to FTDA_US
Odaily News: Fox Business crypto reporter posted on X platform that the Securities and Exchange Commission's Division of Investment Management has issued a no-action letter to FTDA_US, allowing its registered funds to use Franklin Templeton's on-chain money market fund FOBXX to manage cash, including securities lending collateral. The exemption allows Franklin Templeton to custody these fund shares and record ownership through its blockchain-integrated system, without needing to comply with certain traditional rules established for physical securities. Franklin Templeton stated that this structure supports intraday trading, hourly net asset value calculations, and faster transaction processing.
Asset manager Franklin Templeton, with $1.79 trillion in assets under management, supports the CLARITY Act
Asset management firm Franklin Templeton announced its support for the CLARITY Act on July 27. Franklin Resources had previously disclosed that as of June 30, its assets under management totaled $1.79 trillion, up from $1.78 trillion a month earlier. Franklin Templeton stated that the CLARITY Act would establish clearer rules for digital assets, help investors understand the protections available, and increase corporate certainty regarding the division of federal regulatory responsibilities. BlackRock, Fidelity Investments, Goldman Sachs, and Charles Schwab have previously publicly supported this market structure bill. Senate Republicans released an updated version on July 22, proposing to divide the regulatory oversight of digital assets between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Franklin Templeton Digital Assets Head Says AI Agents Are Next Key Use Case for Blockchain
: Sandy Kaul, Head of Digital Assets and Innovation at investment management firm Franklin Templeton, stated that the AI agent economy will increase demand for blockchain protocols to facilitate machine-to-machine micropayments. Traditional bank card networks are unsuitable for agent-based payments due to fees and settlement times. Sandy Kaul pointed out that blockchain networks like Aptos, Solana, and BNB Chain are more suitable for the agent economy, with transactions settling in seconds, faster than the 1 to 3 business day settlement time of the Visa network. In a joint report, payment company Visa and investment validation platform Artemis stated that traditional bank cards designed for low-frequency human commercial activities are insufficient to support AI agents, which require near-zero fees and faster settlement. Since its launch in May 2025, the x402 payment protocol developed by Coinbase has seen an adjusted transaction volume of $15 million and over 109 million adjusted transactions.
Related news
Yesterday, US Ethereum spot ETFs recorded a net outflow of $24.29 million.
According to data from Trader T, U.S. spot Ethereum ETFs recorded a total net outflow of $24.29 million on September 8. Among them, Fidelity FETH saw a net inflow of $9.89 million; Grayscale ETHE had a net outflow of $9.57 million, and Grayscale Mini Ethereum ETF registered a net outflow of $24.61 million. BlackRock ETHA, Bitwise ETHW, 21Shares TETH, Invesco QETH, Franklin EZET, VanEck ETHV, BlackRock Staked Ether ETF ETHB, and Morgan Stanley MSSE all recorded zero fund flows on the day.
StablecoinX appoints Franklin Templeton veteran to head $480 million ENA treasury
StablecoinX has appointed former Franklin Templeton executive Christopher Jensen as CEO to manage its treasury of approximately $480 million in Ethena (ENA) tokens.
昨日美国以太坊现货 ETF 净流出 4807 万美元
据 Trader T 监测，9 月 2 日美国以太坊现货 ETF 总净流出 4807 万美元。其中，贝莱德 ETHA 净流出 5335 万美元，富达 FETH 净流出 2617 万美元，灰度 ETHE 净流出 2349 万美元；贝莱德质押以太坊 ETF ETHB 净流入 5291 万美元，21Shares TETH 净流入 203 万美元。Bitwise ETHW、Invesco QETH、Franklin EZET、VanEck ETHV、灰度迷你以太坊 ETH 及摩根士丹利 MSSE 当日净流入均为 0。
US Bitcoin spot ETFs recorded net inflows of $101 million yesterday.
As tracked by Trader T, US Bitcoin spot ETFs recorded total net inflows of $101.15 million on September 2. Among them, BlackRock IBIT saw net inflows of $115.45 million, Bitwise BITB recorded net inflows of $4.19 million, and Morgan Stanley MSBT had net inflows of $7.30 million; Grayscale GBTC experienced net outflows of $56.21 million. Fidelity FBTC, ARK ARKB, Invesco BTCO, Franklin EZBC, Valkyrie BRRR, VanEck HODL, and WisdomTree BTCW all posted zero net inflows for the day.
Franklin Templeton: Institutional capital is driving the convergence of TradFi and DeFi
According to a video released by Franklin Templeton Digital Assets, its Chief Investment Officer for Crypto Seth Ginns stated that institutional investors are focusing on the convergence trend between traditional finance (TradFi) and decentralized finance (DeFi).
Yesterday, Ethereum spot ETF net inflow reached $192.36 million.
据 Trader T（@thepfund）披露的数据，昨日以太坊现货 ETF 净流入 1.9236 亿美元，较 8 月 25 日的 1.798 亿美元继续增加。 其中，贝莱德 ETHA 单日净流入 1.1566 亿美元居首；灰度迷你以太坊 ETF（ETH）净流入 3467 万美元，富达 FETH 净流入 3201 万美元。此外，21Shares TETH、Franklin EZET 及贝莱德质押以太坊 ETF ETHB 分别流入 271 万、94 万和 637 万美元；其余披露产品当日资金流为零。