Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum
Franklin Templeton has expanded its OnChain US Government Money Market Fund (FOBXX) to Ethereum’s Arbitrum, marking its third blockchain integration. The FOBXX fund, launched in 2021, is a pioneer in using public blockchains for transactions and fractional ownership, contributing nearly US$2 billion in traded value. Franklin Templeton ranks third in the tokenised government securities market,…