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.
