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Wall Street titan Franklin Templeton has launched its tokenized money market product FOBXX on Ethereum, following several other chains.
https://decrypt.co/291675/franklin-templeton-money-market-fund-ethereum
decryptmedia.com / Decrypt
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2024-11-14 17:00:58
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wss://articles.layer3.newsPublished at
2024-11-14 17:00:58Event JSON
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"Franklin Templeton, a Wall Street giant, has launched its flagship crypto product, the On-Chain U.S. Government Money Fund (FOBXX), on the Ethereum blockchain. This is the first time the fund has been deployed on Ethereum's mainnet. The fund allows investors to buy shares and hold them in digital wallets via the Franklin Templeton's Benji Investments mobile app. Ethereum is a blockchain that allows users to build decentralized apps and its native coin, ETH, became available for traditional investors earlier this year."
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