Franklin Templeton tokenizes $380 million US government money fund on Polygon, Stellar

Assad Jafri

Franklin Templeton has tokenized a $380 million treasuries fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries. The company has launched the Franklin OnChain United States Government Money Fund (FOBXX), offering shares as BENJI tokens. Each token represents a share of the FOBXX and is tradable on the public Polygon […]

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Franklin Templeton tokenizes $380 million US government money fund on Polygon, Stellar