PANews reported on February 19 that according to CoinDesk, Franklin Templeton announced the launch of the first fully tokenized U.S. Treasury bond fund in Luxembourg, providing European institutional investors with the opportunity to participate.

The fund is based on the Stellar Lumens (XLM) network and has been approved by Luxembourg regulators and is available to institutional investors in Austria, France, Germany, Italy, Liechtenstein, the Netherlands, Spain and Switzerland.