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Home»BLOCKCHAIN NEWS»Franklin Templeton is $ 8M ROUND for Stablecoin Project Cap
BLOCKCHAIN NEWS

Franklin Templeton is $ 8M ROUND for Stablecoin Project Cap

By Crypto FlexsApril 7, 20252 Mins Read
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Franklin Templeton is $ 8M ROUND for Stablecoin Project Cap
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Franklin Templeton, a global asset manager in Crypto and Blockchain Investment Market, has supported $ 8 million in the CAP.

The asset manager led the investment round with the Ethereum (ETH) -based Stablecoin Project CAP.

The CAP is a detailed detail shared through X, and investment is an important stage of the mission that provides distributed solutions for the yield production problem in distributed finance. This milestone includes placing protocols across “shared security markets” such as unique floors and symbiosis.

“CAP is pioneering the first implementation of shared security markets such as Eigenlayer and Symbiotic to regulate the activities of financial operators, which allows traditional financial institutions and encryption companies to generate yields for users and are not directly exposed to these activities.

Depending on the CAP protocol team, the project solution can be used by users who want to use the shared security market. This means that the user can benefit from the fixed asset of Ethereum. However, the main focus of CAP is the adoption of Megaeth, which provides layers 2 for real -time interactions and real -time interactions.

It proposes to generate safe and sustainable returns, which can allow new innovations to surpass stable coins that are rich in current yields.

The CAP enables tractions in many blockchain applications, including the Defi protocol, actual asset protocol and liquid funds by allowing out -of -source to produce yield through the Stablecoin engine.

The $ 8 million seed round will help the Stablecoin startup to explore the next step of the next adoption. CAP has raised the latest financial rounds with VC companies such as Laser Digital of Triton Capital, Flow Traders, GSR and Japanese company Nomura Group.

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