Franklin Resources Inc., through its subsidiary Franklin Templeton, has entered into a strategic partnership with the State of Wyoming for the management and custody of reserves backing the newly launched Frontier Stable Token ($FRNT). As the nation's first state-issued stable token, $FRNT is supported by reserves held in trust by Wyoming and managed exclusively in U.S. dollars and short-duration U.S. Treasuries by Franklin Templeton's Fixed Income division. The collaboration also involves Fiduciary Trust Company International, a Franklin Templeton affiliate, serving as custodian. This initiative aims to provide public accountability, transparent oversight, and institutional-grade financial infrastructure for digital assets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Resources Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260106109442) on January 07, 2026, and is solely responsible for the information contained therein.
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