Franklin Templeton Has Extended Its U.S. Treasury Money Market Fund to Base Chain
On October 31, custody giant Franklin Templeton has expanded its on-chain U.S. Treasury Money Market Fund (FOBXX) to Coinbase's Layer 2 blockchain Base, becoming the first custody firm to establish a presence on the platform. The fund, which has a market capitalization of $410 million, is already tradable on five blockchains - Stellar, Aptos, Avalanche, Arbitrum and Polygon - with Stellar being the primary network.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VanEck HODL net inflow of 3 million US dollars
Bitwise launches Solana Staking ETP in Europe
Bloomberg: Traders are focusing on the Federal Reserve's interest rate cut decision