Franklin Templeton, a global investment firm with $1.4 trillion in assets under management, has recently highlighted its bullish stance on Runes, a new Bitcoin fungible token protocol aimed at enhancing Bitcoin DeFi. The firm released a detailed paper discussing the potential of Runes to 'close the gap' between Bitcoin and other leading cryptocurrencies like Ethereum and Solana in the decentralized finance (DeFi) sector. This move by Franklin Templeton is seen as a significant endorsement of Bitcoin's evolving role in DeFi, suggesting a shift towards more complex financial instruments within the cryptocurrency space.
btc defi is the next narrative - runes is part of this but not the only thing. so yeah memecoins / lending / liquidity providing / trading bots / derivatives
btc defi is the next narrative - runes is part of this but not the only thing.
btc defi is the next narrative - runes is part of this but not the know thing.
This is the Ethereum I'm interested in. Not the one where the only interesting happening is an institution recreating TraFi on the blockchain. https://t.co/34aPs44SYZ
NEWS: Franklin Templeton posts thesis on the imminent Runes (Bitcoin fungible token protocol). https://t.co/M7ERvP7Wfa
Runes Will Help Bitcoin DeFi ‘Close the Gap’ on Ethereum, Solana: Franklin Templeton ► https://t.co/rmIlLclKKe
Runes Will Help Bitcoin DeFi ‘Close the Gap’ on Ethereum, Solana: Franklin Templeto ► https://t.co/u56BSPGmhN https://t.co/u56BSPGmhN
Runes memecoin supercycle Bitcoin defi Summer
The memecoin super cycle is real Position accordingly
Franklin Templeton released a paper on Runes. A company with $1.5 trillion in assets under management is breaking down a niche, novel, yet-to-be-released element of crypto. This is a lot more involved than a Bitcoin ETF or overarching POV on cryptocurrencies. Wild. https://t.co/v1BwEwHoCO
Every btc project is now over thinking ordinals vs brc-20 vs sol coin vs runes
Franklin Templeton just gave a lesson in being bullish on Runes. The 1.4T AUM firm just did that. “Currently the fungible token market for Bitcoin is quite small in comparison to ETH and SOL; however, with the launch of more efficient token standard (Runes), Bitcoin is… https://t.co/zDfnwS0AB6
Runes make more sense if you just say it meme coins on Bitcoin and the protocol opens the door to defi on BTC and it'll be easier than brc 20" Everything else sounds like spun-up mumbo jumbo for hype. I minted OXBT and brought so many brc20s because of similar narratives.