- Stellar Network has launched XAUm, a tokenized gold asset backed 1:1 by physical gold, significantly boosting its Real World Asset (RWA) market cap to $3.35 billion.
- The Stellar Development Foundation is investing in XAUm, diversifying its portfolio and signaling confidence in the network's ability to host institutional-grade assets.
- This move, alongside Franklin Templeton's positive feedback on Stellar for its BENJI fund, positions XLM as a strong contender for traditional finance integration, with potential price appreciation and a top 10 market cap ranking.
Topics: Asset types, Institutional adoption, Blockchain usage, Alternative assets, Asset manager initiatives, Ethereum evm l 1 s
Tags: #stellarnetwork #xaum #tokenizedgold #matrixdock #xlm #realworldassets #rwa #franklintempleton #dtcc #institutionalexposure
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