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Franklin Templeton has expanded its tokenized money market fund to Arbitrum

2024-08-08 21:08:57

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ChainCatcher news, according to CoinDesk, asset management company Franklin Templeton, with an asset size of $1.5 trillion, has expanded its on-chain U.S. government money market fund (FOBXX) to the Ethereum Layer 2 network Arbitrum, making it the third blockchain supported by the fund, which was previously launched on Stellar and Polygon.

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Franklin Templeton Arbitrum tokenization

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Arbitrum / Offchain Labs

Ethereum Layer 2 Scaling Solutions

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