Franklin

DeFi

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<p><strong>Key Points:</strong></p>   
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 <li><em>Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.</em></li>   
 <li><em>Franklin Templeton joins other major financial institutions, such as Grayscale, in supporting the Sui ecosystem.</em></li> 
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<h5 class="wp-block-heading">The Sui Foundation has officially <a href="https://blog.sui.io/franklin-templeton-digital-assets-strategic-partnership/" target="_blank" rel="noreferrer noopener">announced</a> its strategic partnership with Franklin Templeton Digital Assets in pursuit of furthering the cause of DeFi solutions on the Sui blockchain.</h5>   
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<p class="has-background" style="background-color:#222222">Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noreferrer noopener"> </a><a href="https://coincu.com/282672-kraken-lightning-network-is-now-suspended/" target="_blank" rel="noreferrer noopener"></a><a href="https://coincu.com/wp-admin/post.php?post=288824&amp;action=edit"></a><a href="https://coincu.com/291879-elon-musk-treats-government-like-x-twitter/"></a><a href="https://coincu.com/293259-sui-network-halted-for-over-2-hours/">Sui Network Halted for Over 2 Hours</a>&nbsp;</p>   
<h2 class="wp-block-heading" id="sui-closes-deal-with-franklin-templeton-digital-assets-on-driving-innovation-in-defi">Sui Closes Deal with Franklin Templeton Digital Assets on Driving Innovation in DeFi</h2>   
<p>Franklin Templeton Digital Assets is going to contribute to building the ecosystem of Sui with developers and the implementation of bleeding-edge blockchain technology in this new strategic partnership.</p>   
<p><a href="https://coincu.com/242098-franklin-templeton-bitcoin-etf-fees/" target="_blank" rel="noreferrer noopener">Franklin Templeton</a> is among the world's leading asset managers, with vast experience in blockchain initiatives, from node validation to investment strategies. This deal would represent an extension of Sui's technological abilities and a fill-up in the competitive DeFi landscape with Franklin Templeton Digital Assets.</p>   
<h2 class="wp-block-heading" id="institutional-backing-fuels-growth-in-the-sui-ecosystem">Institutional Backing Fuels Growth in the Sui Ecosystem</h2>   
<p>The partnership presents new potential for Sui's fast-rising influence in the DeFi market. At position eight by TVL, Sui has surged past its rival blockchains, including Avalanche, Polygon, and <a href="https://coincu.com/293283-native-usdc-on-aptos-coming-soon/" target="_blank" rel="noreferrer noopener">Aptos</a>. Several stablecoins have already launched in the Sui ecosystem, including the likes of USDC, FDUSD and AUSD.</p>   
<p>Franklin Templeton Digital Assets has been active in the digital asset space since 2018, extending a team focused on tokenomics research and leveraging data science in driving strategic decisions. In August, Grayscale introduced the <a href="https://coincu.com/284367-grayscale-sui-trust-launch-drives-sui/" target="_blank" rel="noreferrer noopener">Grayscale SUI Trust</a>, which is proof of institutional interest in the Sui ecosystem.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Franklin Templeton Digital Assets and Sui Now Join Hands to Strengthen DeFi Strategy

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