Franklin Templeton Explores Blockchain Networks Beyond Bitcoin and Ethereum
In a recent development in the cryptocurrency domain, Ripple's CTO, David Schwartz, has thrown his support behind the XRP Ledger (XRPL) following a statement from asset manager Franklin Templeton.
The latter, managing over $1.5 trillion, expressed openness to exploring blockchain networks beyond Bitcoin and Ethereum.
Schwartz emphasized XRPL’s decade-long track record for reliability and stability, highlighting its prowess in tokenizing a variety of assets.
This endorsement by a prominent figure in the crypto community sparks discussions about XRPL’s capabilities.
Ripple CTO’s support was seconded by XRP lawyer Bill Morgan, who also criticized Franklin Templeton’s consideration of Solana (SOL), asserting XRPL’s superior reliability.
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Franklin Templeton’s openness to blockchain networks beyond Bitcoin and Ethereum, recognizing Solana’s vision, signals a strategic interest in diversification.
This aligns with a broader industry trend where major players actively seek opportunities beyond established giants, reshaping the evolving landscape.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
