Ordinals drive ‘positive momentum’ in Bitcoin innovation — Franklin Templeton

While the asset manager explained the potential of Ordinals, it also noted that they could lose value and are not insured.

Asset manager Franklin Templeton’s digital assets division published a note to its investors briefly introducing Bitcoin-based nonfungible tokens (NFTs). 

Franklin Templeton Digital Assets said that the Bitcoin Ordinals protocol primarily drove a positive momentum in innovation within Bitcoin.

The asset manager said there has been a “renaissance in activity” on Bitcoin (BTC) in the past year because of Ordinals.

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