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Franklin Templeton Tokens $380 million US Government Monetary Fund on Polygon and Stellar

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2024-04-26 01:04:56
Franklin Templeton has tokenized a $380 million Treasury fund on the Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries.
The company launched the Franklin OnChain U.S. Government Monetary Fund (FOBXX), which issues shares in the form of BENJI tokens. Each token represents a portion of FOBXX and can be traded on the public Polygon and Stellar blockchains.
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