Franklin Templeton’s Tokenized Money Market Fund Expands to Arbitrum

Franklin Templeton’s Tokenized Money Market Fund Expands to Arbitrum

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Source: Coindesk.com

Franklin Templeton, a $1.5 trillion asset manager, has made its OnChain U.S. Government Money Market Fund (FOBXX) available on Ethereum via layer-2 blockchain Arbitrum, the company said Thursday.

This is the third blockchain where the fund's shares can be traded. Previously, the fund was tokenized on Stellar and Polygon, another layer-2 network of Ethereum.

Read More https://www.coindesk.com/markets/2024/08/08/franklin-templetons-tokenized-money-market-fund-expands-to-arbitrum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Franklin Templeton's Tokenized Money Market Fund Expands to Arbitrum" appeared first here Coindesk.com.

Source: Coindesk.com

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