Franklin Templeton Tokens $380 million US Government Monetary Fund on Polygon and Stellar
2024-04-26 09:04:56
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.
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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