22 January 2025
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Blockchain Technology to Create ETFs and Mutual Funds, Says CEO
The CEO of Franklin Templeton, Jenny Johnson, announced that blockchain technology will soon facilitate the creation of ETFs and mutual funds. She believes this integration will enhance regulatory clarity in the crypto space.
Circle has acquired USCY, the largest tokenized money market fund, planning to integrate its USDC stablecoin to enable convertibility between cash and tokenized assets.
Key investment opportunities in crypto include:
- Wall Street Pepe ($WEPE) aims to empower retail investors and has raised over $55M in presales.
- Solaxy ($SOLX), the first Layer-2 solution on Solana, is positioned for growth with a presale price of $0.00161.
- MIND of Pepe ($MIND) offers AI-driven crypto insights and has raised over $3M in its presale.
- Fartcoin ($FARTCOIN), a meme coin based on humor, surged 300% recently and is currently trading around $1.80.
- SPX6900 ($SPX), a meme coin associated with the S&P 500, grew over 80% in early January and has a market cap of $1.3B, trading at approximately $1.40.
Investors should conduct thorough research before making any financial decisions.