Franklin Templeton Runs Cardano Nodes - Altcoin Buzz
In a quiet but significant move, the financial giant has begun operating Cardano staking nodes. A Traditional Giant Step into Cardano Cardano is a proof-of-stake blockchain platform known for its...
In a quiet but significant move, the financial giant has begun operating Cardano staking nodes.
A Traditional Giant Step into Cardano
Cardano is a proof-of-stake blockchain platform known for its research-first approach and strong focus on sustainability. Running nodes on the Cardano network means Franklin Templeton is helping process transactions and secure the network. In return, node operators can earn ADA, Cardano’s native token, as a reward.
This isn’t Franklin Templeton’s first foray into blockchain. The firm has already issued a tokenized money market fund on the Stellar and Polygon blockchains. By adding Cardano nodes to its operations, the company is widening its exposure to different blockchain ecosystems. This kind of multi-chain participation is becoming more common among large financial institutions that see long-term value in decentralized networks.
🇺🇸 Franklin Templeton, $1.6T asset manager, is running Cardano nodes.
Another major signal of growing institutional interest in Cardano. 🔥
Could they be preparing for deeper integration or testing before launching a Cardano-related product? pic.twitter.com/dXiCnrAuis
— Cardanians (CRDN) (@Cardanians_io) June 5, 2025
The move also reflects growing interest in staking from large asset managers. Staking allows participants to lock up crypto assets to help run blockchain networks, earning passive income in return. As staking rewards become a more attractive yield source in a low-interest-rate environment, institutions like Franklin Templeton are positioning themselves early.
Why Cardano and Why Now?
Cardano may not dominate headlines like Bitcoin or Ethereum, but it has a loyal developer community, a strong academic foundation, and an expanding ecosystem of DeFi and identity-focused projects. According to data from Essential Cardano, the network now supports over 150 projects, from lending platforms to NFT marketplaces. Here is an important milestone for Cardano:
🎉OVER 2 MILLION ADA WALLETS🥳️
It wasn’t long ago that we were celebrating hitting our 1 million mark and now we hit a whopping 2 million #ada wallets!#Cardano #CardanoCommunity@F_Gregaard @IOHK_Charles @IOHKMedia @InputOutputHK pic.twitter.com/x40pri9tjN
— Cardano Community (@Cardano) November 1, 2021
The timing also lines up with a broader trend of increased institutional involvement in proof-of-stake networks. Unlike mining, which requires costly hardware and energy consumption, staking is cleaner and more accessible. This makes Cardano a practical option for financial firms aiming to explore blockchain without operational complexity.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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