Close Menu
    Trending
    • IBIT ETF Breaks $100B Barrier
    • Alipay’s 1.4 billion users to benefit from Ant Group’s Ethereum strategy
    • Bitcoin Falls To $110,000 As Corporate Adoption Hits Highs
    • $7K Ethereum by 2026? Analyst Explains the Bullish Case
    • $26 XRP Price Target Remains Technically Valid, Says Expert
    • Analyst Reveals What Needs To Happen For Ethereum Price To Hit $14,000
    • Cypherpunks (Don’t Just) Write Code
    • Ripple’s Wedge Pattern Hints at a Major Move Ahead
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Crypto Market Trends»Franklin Templeton Invests in Bitcoin DeFi to Boost Utility Without Compromising BTC’s Core Narrative
    Crypto Market Trends

    Franklin Templeton Invests in Bitcoin DeFi to Boost Utility Without Compromising BTC’s Core Narrative

    Team_SimonCryptoBy Team_SimonCryptoMay 3, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    International asset supervisor Franklin Templeton is deepening its involvement in Bitcoin’s evolving ecosystem by investing in decentralized finance (DeFi) tasks that improve Bitcoin’s utility with out undermining its core narrative as a retailer of worth.

    Strategic Funding in Bitlayer

    In July 2024, Franklin Templeton led an $11 million Sequence A funding spherical for Bitlayer, a Bitcoin Layer-2 protocol designed to introduce sensible contract capabilities and DeFi functionalities to the Bitcoin community. Bitlayer’s expertise is predicated on the BitVM paradigm, aiming to attain Turing completeness on Bitcoin with out compromising its safety. Kevin Farrelly, Managing Principal at Franklin Templeton Digital Belongings, said that Bitlayer’s strategy has the potential to unlock new use circumstances and alternatives for Bitcoin.CoinDesk+4CryptoRank+4CoinDesk+4CoinDesk

    Embracing Bitcoin DeFi With out Diluting Its Core Narrative

    On the Token2049 convention in Dubai, Farrelly emphasised that increasing Bitcoin’s utility via DeFi doesn’t dilute its core narrative. He argued that integrating DeFi functionalities enhances Bitcoin’s enchantment to technically refined traders looking for yield, safety, and portfolio customization, thereby constructing upon its position as a retailer of worth somewhat than changing it. “These customers aren’t changing the ‘retailer of worth’ thesis; they’re constructing on it,” Farrelly added. CoinDesk

    Broader Engagement with the DeFi Ecosystem

    Past Bitcoin, Franklin Templeton can be participating with different blockchain platforms to foster DeFi innovation. In November 2024, the agency introduced a strategic partnership with the Sui blockchain, specializing in supporting ecosystem builders and deploying novel applied sciences leveraging the Sui blockchain protocol. This collaboration goals to discover numerous alternatives inside the digital asset area.Coinspeaker+1The Coin Republic+1markets.businessinsider.com+4The Sui Blog+4The Sui Blog+4

    These initiatives underscore Franklin Templeton’s proactive strategy to integrating conventional finance with rising decentralized applied sciences, aiming to supply traders enhanced utility and entry inside the evolving digital asset panorama.

    Who Is Franklin Templeton?

    Franklin Templeton is without doubt one of the world’s largest and most established asset administration corporations, with over $1.6 trillion in property below administration as of early 2025. Based in 1947 and headquartered in San Mateo, California, the agency presents a variety of funding options throughout mutual funds, ETFs, personal fairness, digital property, and different investments.

    The corporate is known as after Benjamin Franklin—whose picture as soon as appeared on the duvet of its early brochures—and has grown via each natural growth and main acquisitions, such because the $4.5 billion buy of Legg Mason in 2020. With a presence in over 30 international locations, Franklin Templeton serves retail traders, monetary advisors, and institutional shoppers worldwide.

    Lately, the agency has demonstrated a forward-looking technique by embracing blockchain applied sciences, tokenization, and decentralized finance. Its Franklin Templeton Digital Belongings division is devoted to figuring out alternatives within the crypto ecosystem, positioning the agency as a bridge between conventional finance and Web3 innovation.

    By backing Bitcoin-native DeFi tasks, Franklin Templeton is not only experimenting—it’s signaling institutional validation of crypto past Ethereum and sensible contract platforms.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Why is David Schwartz stepping down as Ripple’s CTO and what does this mean for XRP?

    October 8, 2025

    How is Ripple’s Interledger Protocol bridging XRP into the SWIFT network?

    October 8, 2025

    How is Solana generating $2.85 billion in revenue and what does this mean for the blockchain?

    October 7, 2025

    CleanCore Accumulates 710M Dogecoin Tokens Worth $20M

    October 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    Crypto Users Fall Prey to Potential Russian-linked Hackers

    December 28, 2024

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    Floki Partners with Kings World Cup Nations to Reach 600+ Million Video Views

    December 31, 2024

    Are Bitcoin Whales Dumping Their BTC?

    July 23, 2025

    Why is South Korea investigating crypto exchange fees?

    June 21, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.