Franklin Templeton’s Onchain Money Market Fund Launches on Aptos - Tellbrief.com

Franklin Templeton’s Onchain Money Market Fund Launches on Aptos

In a significant move for the financial and blockchain sectors, Franklin Templeton has launched its Onchain Money Market Fund on the Aptos blockchain. This marks a pivotal moment as traditional finance continues to intersect with the burgeoning world of decentralized finance (DeFi).

The fund, known as Franklin OnChain US Government Money Fund (FOBXX), is now represented by the BENJI token on the Aptos blockchain. The acquisition is a testament to Aptos Labs’ commitment to delivering scalable, secure, and user-friendly blockchain technology tailored to Japan’s unique needs.

With Japan being one of the fastest-growing digital economies, this move positions Aptos Labs favorably within Asia’s dynamic blockchain ecosystem...

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