Franklin Templeton has expanded its US Treasury money market fund to the Base chain
By:Cointime
asset management giant Franklin Templeton has expanded its chain-linked US Treasury money market fund (FOBXX) to Coinbase's Layer 2 blockchain Base, becoming the first asset management company to establish business on the platform. The fund has a market value of $410 million and can be traded on five blockchains, including Stellar, Aptos, Avalanche, Arbitrum, and Polygon, with Stellar being the main network.
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