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Franklin Templeton Expands OnChain US Government Money Market Fund to Arbitrum, Furthering Blockchain Adoption
Franklin Templeton has expanded its OnChain US Authorities Money Market Fund (FOBXX) to Ethereum’s Arbitrum, marking its third blockchain integration. The FOBXX fund, launched in 2021, is a pioneer in utilizing public blockchains for transactions and fractional possession, contributing nearly US$2 billion in traded rate. Franklin Templeton ranks third within the tokenised govt securities market
