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Reading: Breaking News: This Altcoin is Supported After the Trillion Dollar Giant AVAX
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EdaFace Newsfeed > Latest News > Altcoin News > Breaking News: This Altcoin is Supported After the Trillion Dollar Giant AVAX
Altcoin News

Breaking News: This Altcoin is Supported After the Trillion Dollar Giant AVAX

vitalclick
Last updated: October 2, 2024 1:24 pm
5 months ago
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cryptocurrency The agenda for investors is busy and BTC is stalling at $60,800, but there are also good developments. Avalanche in the past weeks $26 Franklin Templeton, which announced its support for , is now expanding into the APTOS network. So what does the new altcoin support mean?

APTOS (APT) Last Minute

Managing trillions of dollars of assets and cryptocurrency ETF Franklin Templeton, which also made the issue, has expanded its tokenized money market fund (FOBXX) shares to the Aptos network. The Aptos network, launched by executives who developed the Facebook-backed Libra project, is among the popular smart contract platforms.

With the latest announcement, the second largest RWA token worth $435 million will also be available for APTOS. Arbitrum, Stellar $0.094289 The company, which recently added support to the Avalanche network as well as Polygon and Polygon, wants to expand its token to more cryptocurrency networks.

Roger Bayston, head of digital assets at Franklin Templeton, explained that they took this step due to the unique features of the Aptos network. Although Aptos, one of the newest smart contract networks, has not yet experienced the excitement of the bull market, it has made a splash as an alternative to Solana. Aptos Foundation Grants and Ecosystem Head Bashar Lazaar wrote;

“Franklin Templeton’s willingness to innovate on behalf of a truly decentralized and accessible financial future is inspiring.”

After the announcement APT Coin price experienced a sudden increase.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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