# TradFi Gets Tokenized

*Author: Bankless*
*Published: Apr 26, 2024*
*Source: https://www.bankless.com/tradfi-gets-tokenized*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/04/Group-620--5--2.png)](https://www.bankless.com/sponsor/celo-1713808101?ref=telegrams-golden-boy-ton&email=true)

  

TradFi Gets Tokenized

  

  
  Published on Apr 26, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Celo**](https://www.bankless.com/sponsor/celo-1713808101?ref=telegrams-golden-boy-ton&email=true) *— Celo is returning to Ethereum with OP Stack and celebrating four years of mainnet!*

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
More Tokenized Funds
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/04/Group-15--14-.png)](https://www.bankless.com/dashboard)- 🤑 **Franklin Templeton’s tokenized fund.** The massive asset manager has [tokenized](https://beincrypto.com/franklin-templeton-benji-token-transfer/) a $380 million treasuries fund on Polygon and Stellar. 
- 🙈** Yuga layoffs.** The embattled Bored Ape creator is restructuring with CEO Greg Solano [going as far to say](https://twitter.com/CryptoGarga/status/1783890653744677245) that Yuga Labs had “lost its way.”
- 🧡** Runes generated $135M in fees.** In their first week, the new BTC fungible token protocol [generated big numbers](https://www.theblock.co/post/291132/runes-generate-over-135-million-in-fees-in-first-week-on-bitcoin-network), but still some are calling the launch a dud.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
Trouble for Pendle?
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/04/image---2024-04-26T235728.146.png)](https://www.bankless.com/good-times-over-pendle)**📊 End of an Era?** Holders of PENDLE woke up to find their bags down nearly 8% on the day. *What caused the price to slide, and can the yield-splitting protocol continue to provide enhanced upside going forward?*

[Read More Analysis on Bankless.com](https://www.bankless.com/good-times-over-pendle)

Prices as of 2pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.36T
       

  
    
    ↘ 1.3%
    
  

   
    
    ↗ 0.9%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $64,096
       

  
    
    ↘ 0.7%
    
  

   
    
    ↘ 0.4%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,152
       

  
    
    ↘ 0.1%
    
  

   
    
    ↗ 2.4%
    
  

  

.  .  .

 
  
    

    ANALYSIS

  
  
    
   
Telegram's Chosen Chain
  
  
   
     
     Bankless Author: 
     
      [
       
       David C](https://twitter.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/04/image---2024-04-26T235739.950.png)](https://www.bankless.com/telegrams-golden-boy-ton)The-Open-Network blockchain, known as TON, has catapulted onto crypto’s main stage recently with some epic gains. ***What's going on with this thing?***

Recently, TON has experienced tremendous growth from both a price and activity perspective, with its token increasing a casual [170+%](https://www.coingecko.com/en/coins/toncoin) in the past three months while also seeing its [active monthly wallets simultaneously 6x](https://www.tonstat.com/).

*Why are investors getting so jazzed on the opportunity? And is there more open road ahead? *👇

[Read the Full Rundown](https://www.bankless.com/telegrams-golden-boy-ton)
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