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International Business Times
International Business Times
Business
Marvie Basilan

Franklin Templeton Hails Bitcoin Ordinals As 'Renaissance' Driver In BTC Community

Bitcoin Franklin Templeton YALA Crypto Goldman Sachs
Bitcoin NFTs have been popular among Bitcoiners, but it seems investors are also noticing the growth potential around them. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

  • Franklin Templeton said positive momentum in innovation is 'primarily driven' by BTC Ordinals
  • It also noted that activity around the Bitcoin NFT space has accelerated in recent months
  • The prospectus' timing comes as Bitcoin nears it halving event where historically, prices spiked

Investment giant Franklin Templeton on Wednesday recognized the contributions of Bitcoin Ordinals or BTC non-fungible tokens (NFTs) in driving activity around the world's first decentralized cryptocurrency.

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