14 Nov 202414:26
Analytics
Franklin Templeton expands its $410 million FOBXX fund to Ethereum

Franklin Templeton expands its $410 million FOBXX fund to Ethereum

The OnChain U.S. Government Money Market Fund (FOBXX) can now be traded on the Ethereum blockchain. The fund is already available on Base, Aptos, and Avalanche. Launched in 2021, FOBXX became the first money market fund to use a public blockchain to track transactions and ownership. 



👉 coindesk.com/business/2024/11/14/franklin-templeton-expands-410m-money-market-fund-to-ethereum-blockchain